Farther Finance Advisors LLC trimmed its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 46.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 759 shares of the company’s stock after selling 658 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $91,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. Oxford Wealth Group LLC acquired a new stake in Invesco S&P MidCap Momentum ETF in the 1st quarter valued at about $18,376,000. Cetera Investment Advisers grew its position in shares of Invesco S&P MidCap Momentum ETF by 842.6% in the first quarter. Cetera Investment Advisers now owns 150,228 shares of the company’s stock valued at $17,255,000 after purchasing an additional 134,291 shares during the last quarter. Orion Portfolio Solutions LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth approximately $15,174,000. Great Valley Advisor Group Inc. raised its position in shares of Invesco S&P MidCap Momentum ETF by 133.4% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 180,213 shares of the company’s stock worth $20,542,000 after purchasing an additional 102,989 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC purchased a new stake in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at approximately $9,204,000.
Invesco S&P MidCap Momentum ETF Trading Down 0.9 %
Invesco S&P MidCap Momentum ETF stock opened at $130.79 on Wednesday. The stock has a market cap of $2.56 billion, a PE ratio of 19.24 and a beta of 1.12. The stock has a 50-day moving average price of $120.62 and a 200 day moving average price of $116.81. Invesco S&P MidCap Momentum ETF has a 52 week low of $79.69 and a 52 week high of $132.39.
Invesco S&P MidCap Momentum ETF Profile
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.
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