Invesco S&P MidCap Momentum ETF $XMMO Shares Sold by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC reduced its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 94.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,619 shares of the company’s stock after selling 87,496 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $825,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Breakwater Capital Group lifted its stake in Invesco S&P MidCap Momentum ETF by 14.7% in the third quarter. Breakwater Capital Group now owns 33,316 shares of the company’s stock worth $4,889,000 after acquiring an additional 4,279 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Invesco S&P MidCap Momentum ETF by 7.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 32,558 shares of the company’s stock valued at $4,778,000 after purchasing an additional 2,139 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of Invesco S&P MidCap Momentum ETF by 8.1% in the 3rd quarter. CoreCap Advisors LLC now owns 3,518 shares of the company’s stock valued at $516,000 after purchasing an additional 265 shares during the last quarter. Titleist Asset Management LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 2.6% in the 3rd quarter. Titleist Asset Management LLC now owns 50,026 shares of the company’s stock valued at $7,341,000 after purchasing an additional 1,250 shares in the last quarter. Finally, OxenFree Capital LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 4.1% in the 3rd quarter. OxenFree Capital LLC now owns 9,288 shares of the company’s stock valued at $1,409,000 after purchasing an additional 365 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock traded up $1.38 during trading on Friday, hitting $148.76. 159,161 shares of the stock were exchanged, compared to its average volume of 348,926. The firm’s 50-day moving average price is $153.73 and its 200 day moving average price is $158.40. The stock has a market cap of $7.11 billion, a price-to-earnings ratio of 22.06 and a beta of 1.10. Invesco S&P MidCap Momentum ETF has a 12-month low of $129.31 and a 12-month high of $173.94.

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.