Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Acquired by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC grew its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 61.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,529 shares of the company’s stock after purchasing an additional 19,267 shares during the period. Invesco S&P MidCap Momentum ETF makes up 1.2% of Commonwealth Financial Services LLC’s holdings, making the stock its 27th largest position. Commonwealth Financial Services LLC owned approximately 0.26% of Invesco S&P MidCap Momentum ETF worth $6,242,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of XMMO. American Trust grew its holdings in 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 acquiring an additional 84 shares during the period. Meridian Financial LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 3.2% during the fourth quarter. Meridian Financial LLC now owns 3,250 shares of the company’s stock worth $401,000 after acquiring an additional 100 shares during the period. Park Avenue Securities LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 2.6% during the third quarter. Park Avenue Securities LLC now owns 4,111 shares of the company’s stock worth $495,000 after acquiring an additional 103 shares during the period. Advisory Alpha LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 6.4% during the fourth quarter. Advisory Alpha LLC now owns 1,850 shares of the company’s stock worth $229,000 after acquiring an additional 112 shares during the period. Finally, Atria Investments Inc grew its holdings 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 worth $1,578,000 after acquiring an additional 122 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Down 1.0 %

Shares of XMMO stock opened at $129.26 on Tuesday. The company has a market capitalization of $2.53 billion, a P/E ratio of 19.24 and a beta of 1.12. The business’s 50 day moving average is $129.20 and its two-hundred day moving average is $123.17. Invesco S&P MidCap Momentum ETF has a 12-month low of $95.80 and a 12-month high of $137.14.

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.