PSI Advisors LLC Increases Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Posted by Amy Steele on Oct 24th, 2024

PSI Advisors LLC boosted its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 23.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,858 shares of the company’s stock after buying an additional 3,169 shares during the quarter. PSI Advisors LLC owned approximately 0.09% of Invesco S&P MidCap Momentum ETF worth $2,028,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Glass Jacobson Investment Advisors llc purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter valued at about $26,000. Newbridge Financial Services Group Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $26,000. Concourse Financial Group Securities Inc. increased its stake in Invesco S&P MidCap Momentum ETF by 114.2% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock valued at $28,000 after buying an additional 129 shares during the last quarter. Pineridge Advisors LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth approximately $34,000. Finally, Larson Financial Group LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth approximately $53,000.

Invesco S&P MidCap Momentum ETF Trading Down 0.7 %

Shares of XMMO opened at $121.61 on Thursday. The stock has a 50 day moving average of $118.79 and a 200 day moving average of $115.43. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 12 month low of $74.39 and a 12 month high of $125.38.

Invesco S&P MidCap Momentum ETF Company Profile

(Free Report)

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.