Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 5.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,867 shares of the company’s stock after buying an additional 100 shares during the quarter. D.A. Davidson & CO.’s holdings in Invesco S&P MidCap Momentum ETF were worth $212,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in XMMO. Aptus Capital Advisors LLC grew its position in Invesco S&P MidCap Momentum ETF by 571.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 235 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares in the last quarter. Hazlett Burt & Watson Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $47,000. Glass Jacobson Investment Advisors llc grew its position in Invesco S&P MidCap Momentum ETF by 62.7% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 415 shares of the company’s stock worth $51,000 after purchasing an additional 160 shares in the last quarter. Ameriflex Group Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $51,000. Finally, Hoey Investments Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 1st quarter worth approximately $66,000.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA XMMO opened at $129.34 on Friday. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $137.14. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 22.06 and a beta of 1.01. The firm’s 50 day moving average price is $125.38 and its two-hundred day moving average price is $121.82.

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.