Citadel Advisors LLC Lowers Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Citadel Advisors LLC reduced its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 40.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,809 shares of the company’s stock after selling 2,622 shares during the period. Citadel Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $471,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in Invesco S&P MidCap Momentum ETF by 765.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,718,606 shares of the company’s stock worth $459,359,000 after acquiring an additional 3,288,932 shares during the period. LPL Financial LLC grew its stake in Invesco S&P MidCap Momentum ETF by 53.6% in the 4th quarter. LPL Financial LLC now owns 2,679,516 shares of the company’s stock worth $331,001,000 after acquiring an additional 934,570 shares during the period. Wells Fargo & Company MN grew its stake in Invesco S&P MidCap Momentum ETF by 30.3% in the 4th quarter. Wells Fargo & Company MN now owns 836,946 shares of the company’s stock worth $103,388,000 after acquiring an additional 194,792 shares during the period. Raymond James Financial Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $66,383,000. Finally, Ameriprise Financial Inc. grew its stake in Invesco S&P MidCap Momentum ETF by 25.7% in the 4th quarter. Ameriprise Financial Inc. now owns 505,958 shares of the company’s stock worth $62,505,000 after acquiring an additional 103,376 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Up 0.3%

Shares of NYSEARCA XMMO opened at $124.67 on Tuesday. Invesco S&P MidCap Momentum ETF has a 52-week low of $97.50 and a 52-week high of $137.14. The firm has a fifty day moving average of $116.09 and a 200-day moving average of $122.57. The stock has a market capitalization of $3.79 billion, a PE ratio of 20.45 and a beta of 1.05.

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.