Fifth Third Securities Inc. Purchases 12,915 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Fifth Third Securities Inc. increased its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 36.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,875 shares of the company’s stock after acquiring an additional 12,915 shares during the period. Fifth Third Securities Inc. owned about 0.24% of Invesco S&P MidCap Momentum ETF worth $5,457,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Oxford Wealth Group LLC bought a new position in Invesco S&P MidCap Momentum ETF in the 1st quarter valued at $18,376,000. Cetera Investment Advisers increased its holdings in Invesco S&P MidCap Momentum ETF by 842.6% during the first quarter. Cetera Investment Advisers now owns 150,228 shares of the company’s stock worth $17,255,000 after buying an additional 134,291 shares during the last quarter. Win Advisors Inc. bought a new stake in Invesco S&P MidCap Momentum ETF in the first quarter worth about $15,314,000. Orion Portfolio Solutions LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the first quarter valued at about $15,174,000. Finally, Focus Financial Network Inc. ADV bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at approximately $11,584,000.

Invesco S&P MidCap Momentum ETF Trading Down 0.9 %

Shares of XMMO stock traded down $0.99 during trading hours on Monday, hitting $112.01. 156,447 shares of the company were exchanged, compared to its average volume of 322,278. Invesco S&P MidCap Momentum ETF has a 52-week low of $74.39 and a 52-week high of $121.49. The firm has a fifty day simple moving average of $114.46 and a 200 day simple moving average of $111.12. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12.

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.