Invesco S&P MidCap Momentum ETF $XMMO Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC decreased its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 45.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,407 shares of the company’s stock after selling 5,330 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $940,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Cetera Investment Advisers lifted its position in Invesco S&P MidCap Momentum ETF by 9.2% in the first quarter. Cetera Investment Advisers now owns 1,367,490 shares of the company’s stock worth $198,313,000 after buying an additional 115,655 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Invesco S&P MidCap Momentum ETF by 22.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,295,928 shares of the company’s stock valued at $220,489,000 after acquiring an additional 234,003 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in Invesco S&P MidCap Momentum ETF during the third quarter valued at $115,464,000. Bank of America Corp DE increased its position in Invesco S&P MidCap Momentum ETF by 13.4% during the first quarter. Bank of America Corp DE now owns 785,643 shares of the company’s stock valued at $113,934,000 after acquiring an additional 92,770 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Invesco S&P MidCap Momentum ETF by 45.9% in the first quarter. Royal Bank of Canada now owns 372,930 shares of the company’s stock valued at $54,082,000 after acquiring an additional 117,316 shares during the period.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO traded up $3.41 during midday trading on Friday, hitting $129.57. The stock had a trading volume of 591,087 shares, compared to its average volume of 365,608. The stock’s 50 day moving average is $145.05 and its 200 day moving average is $153.55. The firm has a market cap of $6.21 billion, a PE ratio of 22.06 and a beta of 1.11. Invesco S&P MidCap Momentum ETF has a 1 year low of $126.03 and a 1 year high of $173.94.

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.