Meridian Financial LLC Purchases 100 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Meridian Financial LLC boosted its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 3.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,250 shares of the company’s stock after buying an additional 100 shares during the quarter. Meridian Financial LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Newbridge Financial Services Group Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at $26,000. Howe & Rusling Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF during the third quarter valued at about $30,000. NBC Securities Inc. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 83.7% in the third quarter. NBC Securities Inc. now owns 461 shares of the company’s stock worth $55,000 after buying an additional 210 shares during the period. Investors Research Corp lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 127.2% in the 3rd quarter. Investors Research Corp now owns 718 shares of the company’s stock valued at $86,000 after acquiring an additional 402 shares during the last quarter. Finally, Lion Street Advisors LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at about $200,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $129.69 on Friday. Invesco S&P MidCap Momentum ETF has a one year low of $89.01 and a one year high of $137.14. The business’s 50 day simple moving average is $129.04 and its two-hundred day simple moving average is $121.93. The stock has a market capitalization of $2.54 billion, a P/E ratio of 19.24 and a beta of 1.12.

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.