Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Reaches New 1-Year High – Here’s What Happened

Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMOGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $121.89 and last traded at $121.86, with a volume of 94776 shares changing hands. The stock had previously closed at $120.86.

Invesco S&P MidCap Momentum ETF Price Performance

The company has a market capitalization of $2.41 billion, a PE ratio of 19.24 and a beta of 1.12. The firm has a 50-day moving average of $116.74 and a 200 day moving average of $114.82.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of XMMO. Voisard Asset Management Group Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $30,000. Sunpointe LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $261,000. Park Avenue Securities LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 194.0% during the 1st quarter. Park Avenue Securities LLC now owns 11,485 shares of the company’s stock valued at $1,319,000 after buying an additional 7,579 shares in the last quarter. Fifth Third Securities Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 16.5% during the 1st quarter. Fifth Third Securities Inc. now owns 34,960 shares of the company’s stock valued at $4,016,000 after buying an additional 4,944 shares in the last quarter. Finally, Iams Wealth Management LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter valued at about $387,000.

Invesco S&P MidCap Momentum ETF Company Profile

(Get Free Report)

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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