Invesco S&P MidCap Momentum ETF $XMMO Position Trimmed by HRC Wealth Management LLC

HRC Wealth Management LLC cut its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 12.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,669 shares of the company’s stock after selling 394 shares during the period. HRC Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $343,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in XMMO. SeaCrest Wealth Management LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 30.8% during the 1st quarter. SeaCrest Wealth Management LLC now owns 2,579 shares of the company’s stock valued at $293,000 after purchasing an additional 607 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 222.3% during the first quarter. Farther Finance Advisors LLC now owns 2,198 shares of the company’s stock valued at $253,000 after buying an additional 1,516 shares in the last quarter. Crescent Sterling Ltd. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the first quarter worth about $228,000. Redhawk Wealth Advisors Inc. boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 325.2% during the 1st quarter. Redhawk Wealth Advisors Inc. now owns 37,381 shares of the company’s stock worth $4,252,000 after acquiring an additional 28,590 shares in the last quarter. Finally, Foresight Capital Management Advisors Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth about $2,039,000.

Invesco S&P MidCap Momentum ETF Stock Down 0.3%

Shares of XMMO stock opened at $135.39 on Monday. Invesco S&P MidCap Momentum ETF has a 12 month low of $97.50 and a 12 month high of $137.14. The company has a market cap of $4.63 billion, a PE ratio of 22.06 and a beta of 1.01. The business’s 50 day moving average is $132.42 and its two-hundred day moving average is $125.04.

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.