Invesco S&P MidCap Momentum ETF $XMMO Position Trimmed by RFG Advisory LLC

RFG Advisory LLC lowered its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 66.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,465 shares of the company’s stock after selling 28,237 shares during the period. RFG Advisory LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,461,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of XMMO. Wilmington Savings Fund Society FSB bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth $28,000. AlphaCore Capital LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth $34,000. Park Square Financial Group LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth $36,000. Signature Equity Partners LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the first quarter valued at $46,000. Finally, Aptus Capital Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 2,293.8% during the third quarter. Aptus Capital Advisors LLC now owns 383 shares of the company’s stock valued at $52,000 after purchasing an additional 367 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 1.9%

NYSEARCA:XMMO opened at $150.83 on Friday. The stock has a fifty day simple moving average of $158.17 and a 200 day simple moving average of $158.19. The firm has a market capitalization of $7.01 billion, a price-to-earnings ratio of 22.06 and a beta of 1.09. Invesco S&P MidCap Momentum ETF has a 1-year low of $129.31 and a 1-year high of $173.94.

About Invesco S&P MidCap Momentum ETF

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.