Janney Montgomery Scott LLC Sells 839 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Janney Montgomery Scott LLC trimmed its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 9.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,492 shares of the company’s stock after selling 839 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,092,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Calton & Associates Inc. bought a new position in Invesco S&P MidCap Momentum ETF during the first quarter valued at about $27,000. Hazlett Burt & Watson Inc. increased its stake in Invesco S&P MidCap Momentum ETF by 41.5% during the first quarter. Hazlett Burt & Watson Inc. now owns 539 shares of the company’s stock valued at $60,000 after acquiring an additional 158 shares during the period. Capital Analysts LLC increased its stake in Invesco S&P MidCap Momentum ETF by 17.4% during the first quarter. Capital Analysts LLC now owns 742 shares of the company’s stock valued at $84,000 after acquiring an additional 110 shares during the period. Wood Tarver Financial Group LLC increased its stake in Invesco S&P MidCap Momentum ETF by 18.4% during the first quarter. Wood Tarver Financial Group LLC now owns 919 shares of the company’s stock valued at $105,000 after acquiring an additional 143 shares during the period. Finally, First Command Advisory Services Inc. increased its stake in Invesco S&P MidCap Momentum ETF by 63.2% during the first quarter. First Command Advisory Services Inc. now owns 1,074 shares of the company’s stock valued at $122,000 after acquiring an additional 416 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Up 2.0%

Shares of XMMO opened at $135.27 on Tuesday. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $137.57. The firm has a market capitalization of $4.66 billion, a price-to-earnings ratio of 22.06 and a beta of 1.01. The stock’s 50-day moving average price is $132.97 and its 200 day moving average price is $125.85.

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.