American Trust Buys New Position in Invesco S&P MidCap Momentum ETF $XMMO

American Trust purchased a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 8,255 shares of the company’s stock, valued at approximately $1,062,000.

A number of other institutional investors also recently modified their holdings of XMMO. Stark Wealth Management LLC bought a new position in Invesco S&P MidCap Momentum ETF during the second quarter worth $204,000. Orion Porfolio Solutions LLC boosted its position in Invesco S&P MidCap Momentum ETF by 27.4% during the second quarter. Orion Porfolio Solutions LLC now owns 133,371 shares of the company’s stock valued at $17,156,000 after acquiring an additional 28,665 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in Invesco S&P MidCap Momentum ETF during the 2nd quarter worth about $5,032,000. Promus Capital LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth about $58,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth about $5,357,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $139.18 on Monday. The stock’s 50-day moving average is $136.11 and its 200 day moving average is $132.30. Invesco S&P MidCap Momentum ETF has a one year low of $97.50 and a one year high of $142.34. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 22.06 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.