Commonwealth Equity Services LLC Grows Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Commonwealth Equity Services LLC raised its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 55.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 241,332 shares of the company’s stock after acquiring an additional 86,580 shares during the period. Commonwealth Equity Services LLC owned approximately 1.23% of Invesco S&P MidCap Momentum ETF worth $29,812,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Atria Investments Inc raised its stake in Invesco S&P MidCap Momentum ETF by 0.9% during the third quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock valued at $1,578,000 after purchasing an additional 122 shares in the last quarter. Harbour Investments Inc. raised its position in shares of Invesco S&P MidCap Momentum ETF by 150.0% during the 3rd quarter. Harbour Investments Inc. now owns 2,030 shares of the company’s stock valued at $244,000 after buying an additional 1,218 shares in the last quarter. Spectrum Wealth Advisory Group LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 0.9% in the 3rd quarter. Spectrum Wealth Advisory Group LLC now owns 24,779 shares of the company’s stock valued at $2,982,000 after acquiring an additional 217 shares during the last quarter. Prospera Financial Services Inc grew its position in Invesco S&P MidCap Momentum ETF by 29.2% in the third quarter. Prospera Financial Services Inc now owns 7,334 shares of the company’s stock worth $882,000 after acquiring an additional 1,659 shares in the last quarter. Finally, Lowery Thomas LLC increased its stake in Invesco S&P MidCap Momentum ETF by 5.6% during the third quarter. Lowery Thomas LLC now owns 26,950 shares of the company’s stock worth $3,243,000 after acquiring an additional 1,430 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO stock opened at $114.00 on Friday. The company has a market cap of $3.46 billion, a PE ratio of 16.76 and a beta of 1.04. The stock’s 50 day simple moving average is $125.08 and its two-hundred day simple moving average is $124.56. Invesco S&P MidCap Momentum ETF has a 1 year low of $105.77 and a 1 year high of $137.14.

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.