Fortitude Family Office LLC Makes New $1.52 Million Investment in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Fortitude Family Office LLC acquired a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,300 shares of the company’s stock, valued at approximately $1,519,000. Fortitude Family Office LLC owned approximately 0.06% of Invesco S&P MidCap Momentum ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of XMMO. Worth Asset Management LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter valued at about $218,000. International Assets Investment Management LLC bought a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $404,000. JPMorgan Chase & Co. grew its stake in Invesco S&P MidCap Momentum ETF by 4,307.7% in the third quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock valued at $7,181,000 after acquiring an additional 58,326 shares during the period. B. Riley Wealth Advisors Inc. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 910.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 53,784 shares of the company’s stock valued at $6,437,000 after acquiring an additional 48,459 shares in the last quarter. Finally, American Trust raised its position in shares of Invesco S&P MidCap Momentum ETF by 1.1% during the third quarter. American Trust now owns 7,835 shares of the company’s stock worth $943,000 after purchasing an additional 84 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Up 0.4 %

Shares of XMMO opened at $125.81 on Friday. The business’s fifty day moving average is $128.98 and its 200 day moving average is $121.39. Invesco S&P MidCap Momentum ETF has a 12-month low of $88.12 and a 12-month high of $137.14. The stock has a market cap of $2.46 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.