Citigroup Inc. Purchases 6,606 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Citigroup Inc. lifted its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 152,542 shares of the company’s stock after acquiring an additional 6,606 shares during the quarter. Citigroup Inc. owned 0.44% of Invesco S&P MidCap Momentum ETF worth $20,628,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Lion Street Advisors LLC raised its position in Invesco S&P MidCap Momentum ETF by 4.1% in the 3rd quarter. Lion Street Advisors LLC now owns 4,443 shares of the company’s stock worth $601,000 after purchasing an additional 175 shares during the period. Kovack Advisors Inc. raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 100.3% in the third quarter. Kovack Advisors Inc. now owns 58,456 shares of the company’s stock worth $7,905,000 after buying an additional 29,275 shares during the period. Clear Creek Financial Management LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 65.3% in the third quarter. Clear Creek Financial Management LLC now owns 10,574 shares of the company’s stock worth $1,430,000 after buying an additional 4,178 shares during the period. Axxcess Wealth Management LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $1,000,000. Finally, Maridea Wealth Management LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 105.9% during the 3rd quarter. Maridea Wealth Management LLC now owns 10,033 shares of the company’s stock valued at $1,357,000 after acquiring an additional 5,161 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Up 0.5%

XMMO stock opened at $150.71 on Friday. The business’s fifty day simple moving average is $143.30 and its two-hundred day simple moving average is $137.78. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $151.01. The firm has a market cap of $5.61 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05.

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.