Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $124.36 and last traded at $124.28, with a volume of 34259 shares traded. The stock had previously closed at $124.09.
Invesco S&P MidCap Momentum ETF Stock Up 0.8 %
The company has a market capitalization of $2.44 billion, a PE ratio of 19.24 and a beta of 1.12. The company has a 50-day moving average price of $117.75 and a two-hundred day moving average price of $115.08.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Good Life Advisors LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the third quarter valued at approximately $437,000. NBC Securities Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 83.7% in the 3rd quarter. NBC Securities Inc. now owns 461 shares of the company’s stock worth $55,000 after purchasing an additional 210 shares in the last quarter. Affinity Wealth Management LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 1.5% in the 3rd quarter. Affinity Wealth Management LLC now owns 253,773 shares of the company’s stock worth $30,537,000 after purchasing an additional 3,810 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its holdings in Invesco S&P MidCap Momentum ETF by 218.3% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 7,444 shares of the company’s stock valued at $896,000 after purchasing an additional 5,105 shares during the period. Finally, JBR Co Financial Management Inc grew its position in shares of Invesco S&P MidCap Momentum ETF by 24.5% during the 3rd quarter. JBR Co Financial Management Inc now owns 3,177 shares of the company’s stock valued at $382,000 after purchasing an additional 625 shares in the last quarter.
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.
Further Reading
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- What Does Downgrade Mean in Investing?
- Why Alphabet Could Rally 30% Before Christmas
- How to Invest in Biotech Stocks
- J.B. Hunt Stock on the Move: Analysts Forecast Big Gains Ahead
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Top 3 ETFs Dominating the Market With Huge Trading Volumes
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
