Accel Wealth Management Raises Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Accel Wealth Management boosted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 12.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,102 shares of the company’s stock after buying an additional 1,702 shares during the period. Accel Wealth Management owned 0.08% of Invesco S&P MidCap Momentum ETF worth $1,866,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of XMMO. AQR Capital Management LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the second quarter valued at about $1,246,000. Creative Planning lifted its position in shares of Invesco S&P MidCap Momentum ETF by 7.4% during the second quarter. Creative Planning now owns 8,077 shares of the company’s stock valued at $921,000 after buying an additional 559 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 2.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock valued at $36,619,000 after buying an additional 7,717 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Invesco S&P MidCap Momentum ETF by 11.6% in the 2nd quarter. NewEdge Advisors LLC now owns 42,176 shares of the company’s stock worth $4,808,000 after buying an additional 4,396 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter worth approximately $607,000.

Invesco S&P MidCap Momentum ETF Stock Down 0.2 %

NYSEARCA:XMMO opened at $132.36 on Friday. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 52 week low of $92.19 and a 52 week high of $137.14. The firm has a 50 day moving average of $129.26 and a 200 day moving average of $122.58.

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.