Hoey Investments Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 580 shares of the company’s stock, valued at approximately $66,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Deutsche Bank AG grew its stake in Invesco S&P MidCap Momentum ETF by 45.0% during the fourth quarter. Deutsche Bank AG now owns 3,275 shares of the company’s stock worth $405,000 after buying an additional 1,017 shares in the last quarter. Jane Street Group LLC bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $832,000. Thrivent Financial for Lutherans raised its holdings in Invesco S&P MidCap Momentum ETF by 14.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 6,701 shares of the company’s stock valued at $828,000 after buying an additional 871 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 62.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,547 shares of the company’s stock valued at $685,000 after buying an additional 2,125 shares during the last quarter. Finally, Truist Financial Corp bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $307,000.
Invesco S&P MidCap Momentum ETF Stock Performance
Invesco S&P MidCap Momentum ETF stock opened at $123.97 on Friday. Invesco S&P MidCap Momentum ETF has a 52-week low of $97.50 and a 52-week high of $137.14. The firm has a 50 day moving average price of $118.83 and a two-hundred day moving average price of $122.28. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 20.45 and a beta of 1.05.
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.
Further Reading
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- Investing in Construction Stocks
- Ouster Soars 27% as DoD Grants First 3D LiDAR Approval for Drones
- The Basics of Support and Resistance
- MarketBeat Week in Review – 06/09 – 06/13
- What is a Low P/E Ratio and What Does it Tell Investors?
- IBM Up 10 Days in a Row: What’s Driving the Winning Streak?
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
