Institute for Wealth Management LLC. Has $4.40 Million Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Institute for Wealth Management LLC. lowered its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 0.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,932 shares of the company’s stock after selling 112 shares during the period. Invesco S&P MidCap Momentum ETF makes up about 0.7% of Institute for Wealth Management LLC.’s portfolio, making the stock its 23rd largest holding. Institute for Wealth Management LLC.’s holdings in Invesco S&P MidCap Momentum ETF were worth $4,395,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Blue Trust Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $27,000. Qube Research & Technologies Ltd acquired a new stake in Invesco S&P MidCap Momentum ETF in the third quarter valued at approximately $28,000. PCA Investment Advisory Services Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF in the second quarter valued at approximately $30,000. Financial Freedom LLC acquired a new stake in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at approximately $41,000. Finally, NBC Securities Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF in the third quarter valued at approximately $49,000.

Invesco S&P MidCap Momentum ETF Trading Down 0.8 %

Invesco S&P MidCap Momentum ETF stock traded down $0.87 during mid-day trading on Friday, reaching $106.27. The company had a trading volume of 73,317 shares, compared to its average volume of 218,085. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $72.49 and a fifty-two week high of $116.53. The company has a market cap of $2.07 billion, a P/E ratio of 19.55 and a beta of 1.12. The business has a fifty day simple moving average of $109.47 and a 200 day simple moving average of $93.71.

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.