3,673 Shares in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Bought by Iams Wealth Management LLC

Iams Wealth Management LLC purchased a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,673 shares of the company’s stock, valued at approximately $387,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 38.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,292 shares of the company’s stock worth $185,000 after acquiring an additional 636 shares during the period. Mariner LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 2.1% during the 3rd quarter. Mariner LLC now owns 12,514 shares of the company’s stock valued at $1,007,000 after acquiring an additional 259 shares in the last quarter. American Trust increased its stake in Invesco S&P MidCap Momentum ETF by 5.4% in the third quarter. American Trust now owns 8,840 shares of the company’s stock valued at $712,000 after acquiring an additional 452 shares during the period. Silver Oak Securities Incorporated acquired a new position in Invesco S&P MidCap Momentum ETF in the third quarter worth about $502,000. Finally, EP Wealth Advisors LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 437.6% during the third quarter. EP Wealth Advisors LLC now owns 2,575 shares of the company’s stock worth $207,000 after purchasing an additional 2,096 shares during the period.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock traded up $0.27 during midday trading on Tuesday, hitting $112.91. 61,379 shares of the company were exchanged, compared to its average volume of 285,100. The firm has a 50 day simple moving average of $113.47 and a 200-day simple moving average of $105.62. Invesco S&P MidCap Momentum ETF has a 52 week low of $74.39 and a 52 week high of $117.57. The firm has a market cap of $2.21 billion, a P/E ratio of 19.24 and a beta of 1.12.

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.