Integrated Wealth Concepts LLC Cuts Position in Invesco S&P MidCap Momentum ETF $XMMO

Integrated Wealth Concepts LLC decreased its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 44.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,563 shares of the company’s stock after selling 36,862 shares during the quarter. Integrated Wealth Concepts LLC owned 0.10% of Invesco S&P MidCap Momentum ETF worth $7,922,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in XMMO. Total Clarity Wealth Management Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth $916,000. Monetary Solutions Ltd purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at $2,068,000. Pacific Sun Financial Corp purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at $704,000. Kovack Advisors Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 6.1% in the fourth quarter. Kovack Advisors Inc. now owns 62,045 shares of the company’s stock valued at $8,259,000 after buying an additional 3,589 shares in the last quarter. Finally, RFG Advisory LLC raised its stake in Invesco S&P MidCap Momentum ETF by 44.4% in the first quarter. RFG Advisory LLC now owns 42,702 shares of the company’s stock valued at $6,193,000 after buying an additional 13,123 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of NYSEARCA XMMO opened at $150.83 on Friday. The company has a market capitalization of $7.01 billion, a price-to-earnings ratio of 22.06 and a beta of 1.09. The business has a 50-day moving average of $158.17 and a two-hundred day moving average of $158.19. Invesco S&P MidCap Momentum ETF has a 1 year low of $129.31 and a 1 year high of $173.94.

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.