HighTower Advisors LLC Sells 20,889 Shares of Invesco S&P MidCap Momentum ETF $XMMO

HighTower Advisors LLC decreased its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 27.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 55,484 shares of the company’s stock after selling 20,889 shares during the period. HighTower Advisors LLC owned about 0.16% of Invesco S&P MidCap Momentum ETF worth $7,514,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in XMMO. First Financial Corp IN purchased a new stake in Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at $25,000. GoalVest Advisory LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF during the third quarter valued at about $29,000. Golden State Wealth Management LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the second quarter worth about $28,000. Greykasell Wealth Strategies Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth about $43,000. Finally, Beacon Capital Management Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $50,000.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO opened at $149.37 on Monday. The business has a 50 day simple moving average of $142.40 and a two-hundred day simple moving average of $137.34. The firm has a market capitalization of $5.56 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a one year low of $97.50 and a one year high of $149.82.

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.