Thoroughbred Financial Services LLC Has $3.42 Million Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Thoroughbred Financial Services LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 37.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,036 shares of the company’s stock after buying an additional 8,112 shares during the period. Thoroughbred Financial Services LLC owned approximately 0.15% of Invesco S&P MidCap Momentum ETF worth $3,423,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Concourse Financial Group Securities Inc. raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 114.2% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock worth $28,000 after acquiring an additional 129 shares during the last quarter. Voisard Asset Management Group Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $30,000. Pineridge Advisors LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the first quarter valued at approximately $34,000. Larson Financial Group LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the second quarter valued at approximately $53,000. Finally, First Command Advisory Services Inc. grew its holdings in Invesco S&P MidCap Momentum ETF by 139.8% during the second quarter. First Command Advisory Services Inc. now owns 506 shares of the company’s stock worth $58,000 after buying an additional 295 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 1.8 %

NYSEARCA XMMO opened at $116.62 on Friday. The business has a fifty day simple moving average of $115.44 and a 200 day simple moving average of $113.60. Invesco S&P MidCap Momentum ETF has a 12 month low of $74.39 and a 12 month high of $121.49. The firm has a market capitalization of $2.28 billion, a P/E ratio of 19.24 and a beta of 1.12.

Invesco S&P MidCap Momentum ETF 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.