Jackson Wealth Management LLC Sells 6,858 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Jackson Wealth Management LLC reduced its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 84.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,221 shares of the company’s stock after selling 6,858 shares during the quarter. Jackson Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $208,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of XMMO. Capstone Wealth Management Group LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 148.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock worth $3,211,000 after buying an additional 16,865 shares in the last quarter. AQR Capital Management LLC increased its position in Invesco S&P MidCap Momentum ETF by 17.4% in the first quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock worth $1,460,000 after buying an additional 1,905 shares in the last quarter. Cerity Partners LLC purchased a new stake in Invesco S&P MidCap Momentum ETF in the 2nd quarter worth approximately $3,587,000. Raymond James Financial Inc. raised its holdings in Invesco S&P MidCap Momentum ETF by 5.0% during the second quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock valued at $85,895,000 after acquiring an additional 31,948 shares during the period. Finally, Jupiter Wealth Management LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the 2nd quarter worth approximately $2,120,000.

Invesco S&P MidCap Momentum ETF Stock Performance

XMMO opened at $152.34 on Tuesday. The stock has a market capitalization of $7.08 billion, a price-to-earnings ratio of 22.06 and a beta of 1.09. The company has a fifty day moving average of $160.56 and a 200 day moving average of $157.84. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $129.31 and a fifty-two week 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.