Gladstone Institutional Advisory LLC Buys Shares of 8,203 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Gladstone Institutional Advisory LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,203 shares of the company’s stock, valued at approximately $1,013,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. American Trust boosted its position in Invesco S&P MidCap Momentum ETF by 1.1% during the 3rd quarter. American Trust now owns 7,835 shares of the company’s stock valued at $943,000 after acquiring an additional 84 shares in the last quarter. Meridian Financial LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 3.2% in the 4th quarter. Meridian Financial LLC now owns 3,250 shares of the company’s stock worth $401,000 after purchasing an additional 100 shares in the last quarter. Advisory Alpha LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 6.4% in the 4th quarter. Advisory Alpha LLC now owns 1,850 shares of the company’s stock worth $229,000 after purchasing an additional 112 shares in the last quarter. Atria Investments Inc boosted its position in shares of Invesco S&P MidCap Momentum ETF by 0.9% in the 3rd quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock worth $1,578,000 after purchasing an additional 122 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 0.4% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 35,537 shares of the company’s stock worth $4,276,000 after purchasing an additional 126 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Invesco S&P MidCap Momentum ETF stock opened at $128.40 on Friday. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1-year low of $100.42 and a 1-year high of $137.14. The business has a fifty day moving average price of $128.29 and a 200-day moving average price of $123.85.

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.