Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC increased its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 1,085.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,276 shares of the company’s stock after acquiring an additional 6,662 shares during the period. Global Retirement Partners LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $899,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of XMMO. LPL Financial LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 19.3% during the 3rd quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock worth $209,969,000 after purchasing an additional 282,112 shares during the period. Money Concepts Capital Corp increased its stake in shares of Invesco S&P MidCap Momentum ETF by 24.6% during the fourth quarter. Money Concepts Capital Corp now owns 436,572 shares of the company’s stock worth $53,930,000 after buying an additional 86,162 shares during the period. Principal Securities Inc. increased its stake in shares of Invesco S&P MidCap Momentum ETF by 918.3% during the fourth quarter. Principal Securities Inc. now owns 248,852 shares of the company’s stock worth $30,741,000 after buying an additional 224,413 shares during the period. Foundations Investment Advisors LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 28.5% in the fourth quarter. Foundations Investment Advisors LLC now owns 216,405 shares of the company’s stock valued at $26,732,000 after acquiring an additional 47,969 shares in the last quarter. Finally, Great Valley Advisor Group Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 3.4% in the third quarter. Great Valley Advisor Group Inc. now owns 186,324 shares of the company’s stock worth $22,420,000 after acquiring an additional 6,111 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 3.6 %

NYSEARCA XMMO opened at $120.98 on Friday. Invesco S&P MidCap Momentum ETF has a 52 week low of $103.26 and a 52 week high of $137.14. The firm has a 50 day moving average of $127.56 and a two-hundred day moving average of $124.32. The stock has a market capitalization of $2.37 billion, a PE 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.