Modern Wealth Management LLC lowered its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 3.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 111,128 shares of the company’s stock after selling 3,866 shares during the quarter. Modern Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $16,414,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XMMO. Optima Capital LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter valued at about $26,000. Realta Investment Advisors acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $28,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $28,000. AlphaCore Capital LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $34,000. Finally, Park Square Financial Group LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at about $36,000.
Invesco S&P MidCap Momentum ETF Stock Up 0.4%
Shares of NYSEARCA XMMO opened at $162.40 on Friday. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $126.64 and a fifty-two week high of $173.94. The business has a 50 day moving average price of $165.38 and a two-hundred day moving average price of $154.83. The firm has a market cap of $7.47 billion, a PE 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.
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Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
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