Parr Mcknight Wealth Management Group LLC Invests $3.36 Million in Invesco S&P MidCap Momentum ETF $XMMO

Parr Mcknight Wealth Management Group LLC bought a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 23,159 shares of the company’s stock, valued at approximately $3,359,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. &PARTNERS grew its position in Invesco S&P MidCap Momentum ETF by 2.0% during the 4th quarter. &PARTNERS now owns 3,501 shares of the company’s stock worth $485,000 after acquiring an additional 70 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in Invesco S&P MidCap Momentum ETF by 0.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 11,845 shares of the company’s stock valued at $1,640,000 after purchasing an additional 86 shares during the last quarter. Crescent Sterling Ltd. raised its position in Invesco S&P MidCap Momentum ETF by 4.4% in the 4th quarter. Crescent Sterling Ltd. now owns 2,233 shares of the company’s stock valued at $309,000 after purchasing an additional 95 shares during the last quarter. Advisory Services Network LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 2.4% in the third quarter. Advisory Services Network LLC now owns 4,004 shares of the company’s stock worth $541,000 after purchasing an additional 95 shares in the last quarter. Finally, Tactive Advisors LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 1.2% in the fourth quarter. Tactive Advisors LLC now owns 8,474 shares of the company’s stock worth $1,173,000 after purchasing an additional 98 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO stock opened at $161.51 on Monday. Invesco S&P MidCap Momentum ETF has a 52 week low of $126.64 and a 52 week high of $173.94. The stock has a market capitalization of $7.57 billion, a PE ratio of 22.06 and a beta of 1.08. The stock’s fifty day moving average is $166.49 and its 200-day moving average is $153.62.

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.