Private Advisor Group LLC Grows Stake in Invesco S&P MidCap Momentum ETF $XMMO

Private Advisor Group LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 6.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 170,297 shares of the company’s stock after purchasing an additional 10,534 shares during the quarter. Private Advisor Group LLC owned about 0.41% of Invesco S&P MidCap Momentum ETF worth $24,696,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in Invesco S&P MidCap Momentum ETF by 11.4% during the fourth quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock valued at $480,826,000 after acquiring an additional 355,614 shares in the last quarter. Advance Capital Management Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter worth $27,363,000. HighTower Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 353.6% during the 4th quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock valued at $34,847,000 after purchasing an additional 196,188 shares during the last quarter. Great Valley Advisor Group Inc. boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 89.1% during the 4th quarter. Great Valley Advisor Group Inc. now owns 399,276 shares of the company’s stock valued at $55,284,000 after purchasing an additional 188,111 shares during the last quarter. Finally, OLD National Bancorp IN purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the first quarter valued at about $26,365,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $163.14 on Friday. Invesco S&P MidCap Momentum ETF has a twelve month low of $126.64 and a twelve month high of $173.94. The business has a 50-day moving average price of $166.11 and a 200-day moving average price of $152.71. The firm has a market cap of $7.56 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08.

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.