Certified Advisory Corp Boosts Stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Certified Advisory Corp lifted its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 7.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,201 shares of the company’s stock after purchasing an additional 1,103 shares during the quarter. Certified Advisory Corp’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,878,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XMMO. Newbridge Financial Services Group Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the second quarter valued at approximately $26,000. Glass Jacobson Investment Advisors llc bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth approximately $26,000. Howe & Rusling Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF during the third quarter valued at $30,000. NBC Securities Inc. raised its holdings 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 purchasing an additional 210 shares during the period. Finally, Investors Research Corp lifted its position in 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 valued at $86,000 after purchasing an additional 402 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 0.9 %

NYSEARCA XMMO opened at $129.11 on Friday. Invesco S&P MidCap Momentum ETF has a 52 week low of $88.32 and a 52 week high of $137.14. The company has a market capitalization of $2.53 billion, a P/E ratio of 19.24 and a beta of 1.12. The stock’s 50-day moving average price is $129.07 and its 200-day moving average price is $121.77.

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.