New Millennium Group LLC Acquires 1,928 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

New Millennium Group LLC increased its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 8.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,608 shares of the company’s stock after acquiring an additional 1,928 shares during the period. Invesco S&P MidCap Momentum ETF makes up approximately 1.7% of New Millennium Group LLC’s investment portfolio, making the stock its 19th biggest position. New Millennium Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,916,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in XMMO. Sanctuary Advisors LLC bought a new position in Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at $318,000. JPMorgan Chase & Co. increased its position in shares of Invesco S&P MidCap Momentum ETF by 4,307.7% during the third quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock worth $7,181,000 after acquiring an additional 58,326 shares during the period. Mutual Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 17.5% in the fourth quarter. Mutual Advisors LLC now owns 2,598 shares of the company’s stock valued at $335,000 after purchasing an additional 386 shares during the period. Janney Montgomery Scott LLC grew its stake in Invesco S&P MidCap Momentum ETF by 5.5% in the third quarter. Janney Montgomery Scott LLC now owns 13,008 shares of the company’s stock worth $1,565,000 after purchasing an additional 673 shares in the last quarter. Finally, Creative Planning increased its holdings in Invesco S&P MidCap Momentum ETF by 7.4% during the 2nd quarter. Creative Planning now owns 8,077 shares of the company’s stock worth $921,000 after purchasing an additional 559 shares during the period.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO stock opened at $130.63 on Friday. Invesco S&P MidCap Momentum ETF has a 1-year low of $93.23 and a 1-year high of $137.14. The business has a 50-day moving average price of $129.28 and a 200 day moving average price of $123.01. The company has a market capitalization of $2.56 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.