Foundations Investment Advisors LLC Purchases 1,266 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Foundations Investment Advisors LLC boosted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 0.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,585 shares of the company’s stock after purchasing an additional 1,266 shares during the period. Foundations Investment Advisors LLC owned about 0.51% of Invesco S&P MidCap Momentum ETF worth $21,042,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Good Life Advisors LLC grew its stake in Invesco S&P MidCap Momentum ETF by 4.7% in the 2nd quarter. Good Life Advisors LLC now owns 2,324 shares of the company’s stock valued at $299,000 after buying an additional 105 shares during the last quarter. Symphony Financial Services Inc. grew its position in Invesco S&P MidCap Momentum ETF by 4.0% during the second quarter. Symphony Financial Services Inc. now owns 32,521 shares of the company’s stock worth $4,183,000 after buying an additional 1,249 shares in the last quarter. Comprehensive Financial Planning Inc. PA raised its holdings in Invesco S&P MidCap Momentum ETF by 26.5% in the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 9,322 shares of the company’s stock valued at $1,199,000 after acquiring an additional 1,953 shares in the last quarter. Davidson Capital Management Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 43.2% in the second quarter. Davidson Capital Management Inc. now owns 389,462 shares of the company’s stock valued at $50,096,000 after purchasing an additional 117,506 shares in the last quarter. Finally, CENTRAL TRUST Co bought a new stake in Invesco S&P MidCap Momentum ETF during the second quarter worth about $2,058,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of NYSEARCA:XMMO opened at $134.12 on Friday. Invesco S&P MidCap Momentum ETF has a 1 year low of $97.50 and a 1 year high of $139.26. The company’s 50 day simple moving average is $135.28 and its 200 day simple moving average is $130.09. The stock has a market capitalization of $4.69 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05.

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.