Invesco S&P MidCap Momentum ETF $XMMO Shares Sold by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV lowered its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 98.6% during the third quarter, HoldingsChannel reports. The firm owned 7,994 shares of the company’s stock after selling 550,014 shares during the period. Mainstay Capital Management LLC ADV’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,081,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Advisory Services Network LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 2.4% during the third quarter. Advisory Services Network LLC now owns 4,004 shares of the company’s stock worth $541,000 after buying an additional 95 shares in the last quarter. Brass Tax Wealth Management Inc. raised its position in shares of Invesco S&P MidCap Momentum ETF by 1.5% in the third quarter. Brass Tax Wealth Management Inc. now owns 7,784 shares of the company’s stock valued at $1,053,000 after buying an additional 117 shares during the last quarter. American Trust lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 1.5% in the third quarter. American Trust now owns 8,380 shares of the company’s stock worth $1,133,000 after buying an additional 125 shares in the last quarter. Founders Financial Securities LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 1.1% in the third quarter. Founders Financial Securities LLC now owns 12,292 shares of the company’s stock worth $1,662,000 after buying an additional 137 shares in the last quarter. Finally, Lodestone Wealth Management LLC boosted its position in Invesco S&P MidCap Momentum ETF by 7.2% during the third quarter. Lodestone Wealth Management LLC now owns 2,212 shares of the company’s stock worth $299,000 after acquiring an additional 148 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 0.3%

Shares of NYSEARCA XMMO opened at $144.88 on Thursday. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $152.42. The stock has a market cap of $5.40 billion, a PE ratio of 22.06 and a beta of 1.05. The company has a 50-day moving average of $144.85 and a 200 day moving average of $139.33.

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.