Manchester Financial Inc. Boosts Stake in Invesco S&P MidCap Momentum ETF $XMMO

Manchester Financial Inc. boosted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 38.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,962 shares of the company’s stock after acquiring an additional 28,647 shares during the quarter. Invesco S&P MidCap Momentum ETF accounts for about 2.8% of Manchester Financial Inc.’s investment portfolio, making the stock its 10th biggest position. Manchester Financial Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $13,373,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Calton & Associates Inc. acquired a new position in Invesco S&P MidCap Momentum ETF in the first quarter valued at about $27,000. Hazlett Burt & Watson Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 41.5% in the first quarter. Hazlett Burt & Watson Inc. now owns 539 shares of the company’s stock valued at $60,000 after buying an additional 158 shares in the last quarter. Capital Analysts LLC boosted its position in Invesco S&P MidCap Momentum ETF by 17.4% in the first quarter. Capital Analysts LLC now owns 742 shares of the company’s stock valued at $84,000 after buying an additional 110 shares in the last quarter. Wood Tarver Financial Group LLC boosted its position in Invesco S&P MidCap Momentum ETF by 18.4% in the first quarter. Wood Tarver Financial Group LLC now owns 919 shares of the company’s stock valued at $105,000 after buying an additional 143 shares in the last quarter. Finally, First Command Advisory Services Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 63.2% in the first quarter. First Command Advisory Services Inc. now owns 1,074 shares of the company’s stock valued at $122,000 after buying an additional 416 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 0.6%

NYSEARCA:XMMO opened at $134.00 on Friday. The firm has a market cap of $4.63 billion, a PE ratio of 22.06 and a beta of 1.01. Invesco S&P MidCap Momentum ETF has a 12 month low of $97.50 and a 12 month high of $137.57. The company’s 50-day moving average price is $133.42 and its two-hundred day moving average price is $126.27.

Invesco S&P MidCap Momentum ETF 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.