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

Fmr LLC grew its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 102.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,847 shares of the company’s stock after buying an additional 2,954 shares during the quarter. Fmr LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 19.3% during the third quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock valued at $209,969,000 after buying an additional 282,112 shares during the last quarter. MinichMacGregor Wealth Management LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth $9,204,000. Foundations Investment Advisors LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 34.7% in the 2nd quarter. Foundations Investment Advisors LLC now owns 215,906 shares of the company’s stock worth $24,611,000 after purchasing an additional 55,650 shares during the period. CWM LLC lifted its position in Invesco S&P MidCap Momentum ETF by 116.5% during the third quarter. CWM LLC now owns 103,024 shares of the company’s stock valued at $12,397,000 after purchasing an additional 55,443 shares in the last quarter. Finally, Fiduciary Planning LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the second quarter valued at about $4,912,000.

Invesco S&P MidCap Momentum ETF Stock Down 1.4 %

NYSEARCA XMMO opened at $129.24 on Wednesday. Invesco S&P MidCap Momentum ETF has a 52 week low of $87.00 and a 52 week high of $137.14. The company has a market capitalization of $2.53 billion, a P/E ratio of 19.24 and a beta of 1.12. The stock’s 50-day moving average price is $128.27 and its 200-day moving average price is $120.15.

Invesco S&P MidCap Momentum ETF Company 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.