Invesco S&P MidCap Momentum ETF $XMMO Stake Boosted by FreeGulliver LLC

FreeGulliver LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 20.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 74,628 shares of the company’s stock after buying an additional 12,427 shares during the quarter. Invesco S&P MidCap Momentum ETF makes up approximately 4.6% of FreeGulliver LLC’s portfolio, making the stock its 4th largest holding. FreeGulliver LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $10,823,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in XMMO. Capstone Wealth Management Group LLC raised its position in Invesco S&P MidCap Momentum ETF by 148.4% in the first quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock worth $3,211,000 after acquiring an additional 16,865 shares during the period. AQR Capital Management LLC grew its position in shares of Invesco S&P MidCap Momentum ETF by 17.4% during the 1st quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock valued at $1,460,000 after acquiring an additional 1,905 shares during the period. Cerity Partners LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at approximately $3,587,000. Raymond James Financial Inc. increased its stake in shares of Invesco S&P MidCap Momentum ETF by 5.0% during the 2nd quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock worth $85,895,000 after purchasing an additional 31,948 shares during the last quarter. Finally, Jupiter Wealth Management LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter worth approximately $2,120,000.

Invesco S&P MidCap Momentum ETF Trading Down 1.3%

NYSEARCA:XMMO opened at $160.27 on Friday. The stock has a market capitalization of $7.37 billion, a PE ratio of 22.06 and a beta of 1.08. The firm’s 50 day moving average is $165.31 and its 200 day moving average is $154.87. Invesco S&P MidCap Momentum ETF has a 12 month low of $126.64 and a 12 month high of $173.94.

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.