Dala Group LLC raised its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 11.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 124,996 shares of the company’s stock after purchasing an additional 12,977 shares during the period. Invesco S&P MidCap Momentum ETF makes up 13.6% of Dala Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Dala Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $18,343,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pinnacle Bancorp Inc. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 634.6% in the third quarter. Pinnacle Bancorp Inc. now owns 191 shares of the company’s stock valued at $28,000 after purchasing an additional 165 shares in the last quarter. Wellington Altus USA Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the second quarter worth about $35,000. Signature Equity Partners LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the first quarter worth about $46,000. Godsey & Gibb Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF during the third quarter worth about $65,000. Finally, BOKF NA bought a new position in shares of Invesco S&P MidCap Momentum ETF during the third quarter worth about $83,000.
Invesco S&P MidCap Momentum ETF Stock Performance
NYSEARCA:XMMO opened at $136.13 on Monday. The stock has a 50-day simple moving average of $147.43 and a 200 day simple moving average of $153.80. Invesco S&P MidCap Momentum ETF has a 52-week low of $129.31 and a 52-week high of $173.94. The company has a market cap of $6.55 billion, a PE ratio of 22.06 and a beta of 1.10.
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.
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