Vantagepoint Investment Advisers LLC Buys 786,810 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the third quarter, HoldingsChannel reports. The fund acquired 786,810 shares of the company’s stock, valued at approximately $115,464,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XMMO. Flagship Harbor Advisors LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 4.1% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 43,085 shares of the company’s stock valued at $6,323,000 after acquiring an additional 1,680 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 15.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 2,133 shares of the company’s stock valued at $313,000 after purchasing an additional 279 shares in the last quarter. Kingswood Wealth Advisors LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 12.6% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 7,622 shares of the company’s stock worth $1,119,000 after buying an additional 851 shares during the period. Sigma Planning Corp acquired a new stake in Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $5,460,000. Finally, Atlas Private Wealth Advisors lifted its stake in Invesco S&P MidCap Momentum ETF by 5.6% in the third quarter. Atlas Private Wealth Advisors now owns 3,294 shares of the company’s stock valued at $483,000 after buying an additional 175 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 1.6%

Shares of NYSEARCA:XMMO opened at $137.03 on Tuesday. Invesco S&P MidCap Momentum ETF has a 12 month low of $129.31 and a 12 month high of $173.94. The company’s fifty day simple moving average is $149.81 and its 200 day simple moving average is $153.89. The firm has a market cap of $6.65 billion, a price-to-earnings 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.