Mainstay Capital Management LLC ADV Purchases New Shares in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Mainstay Capital Management LLC ADV purchased a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 286,523 shares of the company’s stock, valued at approximately $35,394,000. Invesco S&P MidCap Momentum ETF makes up about 5.4% of Mainstay Capital Management LLC ADV’s investment portfolio, making the stock its 7th largest position. Mainstay Capital Management LLC ADV owned 1.46% of Invesco S&P MidCap Momentum ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XMMO. LPL Financial LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 19.3% during the 3rd quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock valued at $209,969,000 after purchasing an additional 282,112 shares in the last quarter. Principal Securities Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 918.3% in the 4th quarter. Principal Securities Inc. now owns 248,852 shares of the company’s stock valued at $30,741,000 after buying an additional 224,413 shares during the last quarter. Win Advisors Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $12,249,000. Money Concepts Capital Corp boosted its position in Invesco S&P MidCap Momentum ETF by 24.6% in the 4th quarter. Money Concepts Capital Corp now owns 436,572 shares of the company’s stock valued at $53,930,000 after buying an additional 86,162 shares during the last quarter. Finally, Atria Wealth Solutions Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 394.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 92,787 shares of the company’s stock valued at $11,462,000 after buying an additional 74,010 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO opened at $120.98 on Monday. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The business’s fifty day moving average price is $127.56 and its two-hundred day moving average price is $124.51. Invesco S&P MidCap Momentum ETF has a 52 week low of $103.26 and a 52 week high of $137.14.

Invesco S&P MidCap Momentum ETF Company 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.