Invesco S&P MidCap Momentum ETF $XMMO Stock Acquired by Everest Financial Group LLC

Everest Financial Group LLC raised its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 337.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,135 shares of the company’s stock after purchasing an additional 40,206 shares during the period. Invesco S&P MidCap Momentum ETF makes up approximately 0.9% of Everest Financial Group LLC’s investment portfolio, making the stock its 28th biggest position. Everest Financial Group LLC owned 0.11% of Invesco S&P MidCap Momentum ETF worth $7,651,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at $115,464,000. Commonwealth Equity Services LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at $53,586,000. Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 22.0% during the 2nd 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 in the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 45.9% during the 1st quarter. Royal Bank of Canada now owns 372,930 shares of the company’s stock worth $54,082,000 after buying an additional 117,316 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Invesco S&P MidCap Momentum ETF by 9.2% during the 1st quarter. Cetera Investment Advisers now owns 1,367,490 shares of the company’s stock worth $198,313,000 after buying an additional 115,655 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 0.9%

Shares of XMMO stock opened at $136.85 on Friday. The business has a fifty day simple moving average of $143.79 and a 200 day simple moving average of $153.43. The company has a market cap of $6.42 billion, a P/E ratio of 20.01 and a beta of 1.11. Invesco S&P MidCap Momentum ETF has a twelve month low of $126.03 and a twelve month high of $173.94.

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.