Invesco S&P MidCap Momentum ETF $XMMO Position Increased by Fifth Third Securities Inc.

Fifth Third Securities Inc. boosted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 12.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 91,761 shares of the company’s stock after purchasing an additional 10,049 shares during the quarter. Invesco S&P MidCap Momentum ETF makes up approximately 0.8% of Fifth Third Securities Inc.’s holdings, making the stock its 29th largest position. Fifth Third Securities Inc. owned approximately 0.27% of Invesco S&P MidCap Momentum ETF worth $12,409,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Mainstay Capital Management LLC ADV lifted its stake in Invesco S&P MidCap Momentum ETF by 102.3% in the second quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock valued at $71,777,000 after buying an additional 282,194 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 169.2% in the 1st quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock worth $40,619,000 after acquiring an additional 224,424 shares during the period. Ameriprise Financial Inc. lifted its position in Invesco S&P MidCap Momentum ETF by 36.6% in the 1st quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock valued at $78,662,000 after purchasing an additional 185,360 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P MidCap Momentum ETF by 27.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock valued at $91,758,000 after purchasing an additional 173,649 shares during the last quarter. Finally, Gimbal Financial acquired a new position in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $15,711,000.

Invesco S&P MidCap Momentum ETF Trading Up 1.6%

NYSEARCA XMMO opened at $140.19 on Friday. The company has a 50-day moving average price of $136.41 and a two-hundred day moving average price of $132.73. Invesco S&P MidCap Momentum ETF has a 52 week low of $97.50 and a 52 week high of $142.34. The stock has a market cap of $4.90 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.