Invesco S&P MidCap Momentum ETF $XMMO Shares Purchased by Secure Asset Management LLC

Secure Asset Management LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 11.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,642 shares of the company’s stock after buying an additional 7,753 shares during the period. Invesco S&P MidCap Momentum ETF comprises 1.6% of Secure Asset Management LLC’s investment portfolio, making the stock its 13th largest holding. Secure Asset Management LLC owned approximately 0.20% of Invesco S&P MidCap Momentum ETF worth $10,058,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in XMMO. Realta Investment Advisors acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth $28,000. Ethos Financial Group LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at $7,564,000. Accel Wealth Management boosted its holdings in Invesco S&P MidCap Momentum ETF by 11.1% in the fourth quarter. Accel Wealth Management now owns 24,781 shares of the company’s stock valued at $3,431,000 after purchasing an additional 2,482 shares during the period. Sovran Advisors LLC grew its stake in Invesco S&P MidCap Momentum ETF by 55.2% during the 4th quarter. Sovran Advisors LLC now owns 17,678 shares of the company’s stock worth $2,548,000 after purchasing an additional 6,288 shares in the last quarter. Finally, Savvy Advisors Inc. grew its stake in Invesco S&P MidCap Momentum ETF by 6.6% during the 4th quarter. Savvy Advisors Inc. now owns 16,786 shares of the company’s stock worth $2,324,000 after purchasing an additional 1,040 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO stock opened at $147.61 on Monday. The business’s 50-day moving average is $145.65 and its two-hundred day moving average is $140.38. The firm has a market capitalization of $5.93 billion, a P/E ratio of 22.06 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a 1 year low of $97.50 and a 1 year high of $152.42.

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.