Beacon Financial Advisory LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,968 shares of the company’s stock, valued at approximately $367,000.
Other hedge funds also recently bought and sold shares of the company. Howe & Rusling Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the third quarter valued at $30,000. NBC Securities Inc. grew its stake in Invesco S&P MidCap Momentum ETF by 83.7% in the 3rd quarter. NBC Securities Inc. now owns 461 shares of the company’s stock worth $55,000 after acquiring an additional 210 shares in the last quarter. Richardson Financial Services Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth approximately $70,000. Investors Research Corp increased its position in shares of Invesco S&P MidCap Momentum ETF by 127.2% during the third quarter. Investors Research Corp now owns 718 shares of the company’s stock worth $86,000 after acquiring an additional 402 shares during the period. Finally, Lion Street Advisors LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the third quarter valued at approximately $200,000.
Invesco S&P MidCap Momentum ETF Stock Performance
Shares of NYSEARCA XMMO opened at $131.51 on Friday. Invesco S&P MidCap Momentum ETF has a 52-week low of $97.90 and a 52-week high of $137.14. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The stock has a 50 day moving average price of $128.87 and a 200 day moving average price of $123.42.
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.
Further Reading
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- How to Plot Fibonacci Price Inflection Levels
- Price Plunge in Roblox Presents Opportunity for Robust Gains
- 3 Dividend Kings To Consider
- Billions in Buybacks: 4 Stocks Rewarding Shareholders Now
- How to Use Stock Screeners to Find Stocks
- 3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
