Kingswood Wealth Advisors LLC Takes Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Kingswood Wealth Advisors LLC acquired a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,949 shares of the company’s stock, valued at approximately $336,000.

Several other hedge funds have also recently bought and sold shares of the business. Voisard Asset Management Group Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth about $30,000. Pineridge Advisors LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the first quarter valued at approximately $34,000. Evolution Advisers Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter valued at approximately $50,000. Global Retirement Partners LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 202.1% in the first quarter. Global Retirement Partners LLC now owns 565 shares of the company’s stock worth $65,000 after buying an additional 378 shares during the last quarter. Finally, BOKF NA bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth $65,000.

Invesco S&P MidCap Momentum ETF Trading Up 0.9 %

NYSEARCA:XMMO opened at $111.23 on Thursday. The firm has a market capitalization of $2.18 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1 year low of $74.39 and a 1 year high of $121.49. The firm’s fifty day simple moving average is $114.53 and its 200 day simple moving average is $110.57.

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.