Commonwealth Financial Services LLC Purchases New Stake in Invesco S&P MidCap Momentum ETF $XMMO

Commonwealth Financial Services LLC acquired a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,264 shares of the company’s stock, valued at approximately $1,213,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Wellington Altus USA Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $35,000. Signature Equity Partners LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the first quarter valued at $46,000. Godsey & Gibb Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at about $65,000. Mather Group LLC. purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the third quarter valued at approximately $86,000. Finally, Polaris Financial Partners acquired a new position in Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at $114,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Invesco S&P MidCap Momentum ETF stock traded down $0.28 during trading on Tuesday, hitting $140.32. The company’s stock had a trading volume of 293,975 shares, compared to its average volume of 351,590. Invesco S&P MidCap Momentum ETF has a 1-year low of $129.31 and a 1-year high of $173.94. The stock’s fifty day moving average is $151.62 and its 200 day moving average is $158.35. The stock has a market capitalization of $6.78 billion, a price-to-earnings ratio of 22.06 and a beta of 1.10.

Invesco S&P MidCap Momentum ETF Company 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.