Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Purchased by MY Wealth Management Inc.

MY Wealth Management Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 6.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,752 shares of the company’s stock after acquiring an additional 211 shares during the period. Invesco S&P MidCap Momentum ETF makes up about 0.5% of MY Wealth Management Inc.’s holdings, making the stock its 18th largest position. MY Wealth Management Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $463,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Investors Research Corp grew its position in Invesco S&P MidCap Momentum ETF by 50.3% in the fourth quarter. Investors Research Corp now owns 1,079 shares of the company’s stock worth $133,000 after acquiring an additional 361 shares in the last quarter. Independent Advisor Alliance bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $3,280,000. Lowery Thomas LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 4.6% in the 4th quarter. Lowery Thomas LLC now owns 28,182 shares of the company’s stock worth $3,481,000 after purchasing an additional 1,232 shares during the last quarter. Sowell Financial Services LLC lifted its position in Invesco S&P MidCap Momentum ETF by 15.6% during the 4th quarter. Sowell Financial Services LLC now owns 12,625 shares of the company’s stock worth $1,560,000 after buying an additional 1,701 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Invesco S&P MidCap Momentum ETF by 4.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,828 shares of the company’s stock valued at $349,000 after purchasing an additional 113 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA XMMO opened at $112.74 on Wednesday. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 19.06 and a beta of 1.03. Invesco S&P MidCap Momentum ETF has a 52-week low of $105.77 and a 52-week high of $137.14. The business has a 50 day simple moving average of $125.79 and a 200 day simple moving average of $124.73.

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.