Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Bought by Raymond James & Associates

Raymond James & Associates grew its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Get Rating) by 4.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 97,870 shares of the company’s stock after acquiring an additional 4,454 shares during the period. Raymond James & Associates owned about 0.71% of Invesco S&P MidCap Momentum ETF worth $7,370,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. UBS Group AG increased its position in Invesco S&P MidCap Momentum ETF by 18.0% in the 4th quarter. UBS Group AG now owns 48,192 shares of the company’s stock worth $3,629,000 after purchasing an additional 7,368 shares during the last quarter. Belpointe Asset Management LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 77.9% in the 4th quarter. Belpointe Asset Management LLC now owns 16,779 shares of the company’s stock worth $1,263,000 after buying an additional 7,346 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 30.9% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 127,763 shares of the company’s stock worth $9,621,000 after buying an additional 30,176 shares in the last quarter. Nwam LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $215,000. Finally, Oppenheimer & Co. Inc. increased its holdings in Invesco S&P MidCap Momentum ETF by 4.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 3,203 shares of the company’s stock valued at $241,000 after purchasing an additional 131 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO stock opened at $74.44 on Friday. The business has a fifty day moving average price of $74.20 and a 200 day moving average price of $76.54. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 10.00 and a beta of 1.01. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $68.22 and a fifty-two week high of $83.68.

Invesco S&P MidCap Momentum ETF Company Profile

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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.