Guardian Partners Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,242 shares of the company’s stock, valued at approximately $2,237,000.
Several other institutional investors have also recently added to or reduced their stakes in XMMO. Envestnet Asset Management Inc. lifted 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 worth $220,489,000 after buying an additional 234,003 shares during the period. OLD National Bancorp IN acquired a new stake in Invesco S&P MidCap Momentum ETF in the 1st quarter worth about $26,365,000. Royal Bank of Canada grew its holdings in Invesco S&P MidCap Momentum ETF by 45.9% in the 1st quarter. Royal Bank of Canada now owns 372,930 shares of the company’s stock valued at $54,082,000 after buying an additional 117,316 shares during the period. Cetera Investment Advisers grew its holdings in Invesco S&P MidCap Momentum ETF by 9.2% in the 1st quarter. Cetera Investment Advisers now owns 1,367,490 shares of the company’s stock valued at $198,313,000 after buying an additional 115,655 shares during the period. Finally, Dala Group LLC purchased a new stake in Invesco S&P MidCap Momentum ETF in the 1st quarter valued at about $15,112,000.
Invesco S&P MidCap Momentum ETF Price Performance
NYSEARCA XMMO opened at $141.80 on Thursday. Invesco S&P MidCap Momentum ETF has a 12 month low of $129.31 and a 12 month high of $173.94. The company has a 50-day moving average of $150.75 and a 200-day moving average of $158.26. The company has a market cap of $6.86 billion, a P/E ratio of 22.06 and a beta of 1.10.
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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