Fifth Third Bancorp boosted its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 984.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,274 shares of the company’s stock after purchasing an additional 14,774 shares during the period. Fifth Third Bancorp’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,360,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Optima Capital LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $26,000. Realta Investment Advisors purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $28,000. AlphaCore Capital LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $34,000. Finally, Park Square Financial Group LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $36,000.
Invesco S&P MidCap Momentum ETF Trading Up 2.8%
XMMO opened at $160.63 on Wednesday. The stock has a fifty day simple moving average of $165.63 and a two-hundred day simple moving average of $154.51. The company has a market cap of $7.41 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a 12-month low of $126.64 and a 12-month high of $173.94.
Invesco S&P MidCap Momentum ETF Company 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.
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