Uniting Wealth Partners LLC Has $7.68 Million Stake in Invesco S&P MidCap Momentum ETF $XMMO

Uniting Wealth Partners LLC raised its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 6.4% during the fourth quarter, HoldingsChannel reports. The firm owned 55,477 shares of the company’s stock after acquiring an additional 3,360 shares during the quarter. Invesco S&P MidCap Momentum ETF accounts for 2.4% of Uniting Wealth Partners LLC’s holdings, making the stock its 4th largest position. Uniting Wealth Partners LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $7,681,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Optima Capital LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $26,000. Realta Investment Advisors acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $28,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $28,000. AlphaCore Capital LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $34,000. Finally, Park Square Financial Group LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $36,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO stock opened at $169.68 on Friday. The stock’s fifty day moving average price is $161.71 and its two-hundred day moving average price is $149.48. The company has a market cap of $7.17 billion, a PE ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $123.44 and a fifty-two week high of $172.23.

Invesco S&P MidCap Momentum ETF Profile

The Invesco S&P MidCap Momentum ETF (XMMO) is an exchange-traded fund that is based on the S&P MidCap 400 Momentum (USD) index. The fund tracks an index of S&P 400 MidCap stocks selected by momentum and weighted by market cap and momentum. XMMO was launched on Mar 3, 2005 and is managed by Invesco.