OLD National Bancorp IN Purchases New Stake in Invesco S&P MidCap Momentum ETF $XMMO

OLD National Bancorp IN acquired a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 181,804 shares of the company’s stock, valued at approximately $26,365,000. OLD National Bancorp IN owned approximately 0.44% of Invesco S&P MidCap Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 11.4% in the 4th quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock worth $480,826,000 after acquiring an additional 355,614 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Invesco S&P MidCap Momentum ETF by 11.3% during the 4th quarter. Cetera Investment Advisers now owns 1,251,835 shares of the company’s stock valued at $173,329,000 after acquiring an additional 127,090 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 13.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,058,740 shares of the company’s stock valued at $146,593,000 after purchasing an additional 125,898 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 9.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 927,629 shares of the company’s stock valued at $128,440,000 after purchasing an additional 76,532 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 14.2% in the fourth quarter. Raymond James Financial Inc. now owns 837,045 shares of the company’s stock valued at $115,897,000 after purchasing an additional 103,839 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 1.3%

Invesco S&P MidCap Momentum ETF stock opened at $171.12 on Friday. The company has a 50-day moving average price of $165.09 and a 200 day moving average price of $151.69. Invesco S&P MidCap Momentum ETF has a 12-month low of $126.28 and a 12-month high of $173.94. The stock has a market cap of $7.23 billion, a P/E ratio of 22.06 and a beta of 1.08.

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.