First Heartland Consultants Inc. Acquires 492 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

First Heartland Consultants Inc. boosted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 9.0% in the third quarter, Holdings Channel reports. The firm owned 5,966 shares of the company’s stock after purchasing an additional 492 shares during the quarter. First Heartland Consultants Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $718,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Park Avenue Securities LLC grew its position in shares of Invesco S&P MidCap Momentum ETF by 2.6% in the 3rd quarter. Park Avenue Securities LLC now owns 4,111 shares of the company’s stock valued at $495,000 after acquiring an additional 103 shares during the period. Dynamic Advisor Solutions LLC raised its stake in Invesco S&P MidCap Momentum ETF by 2.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,531 shares of the company’s stock worth $516,000 after purchasing an additional 110 shares in the last quarter. Atria Investments Inc raised its stake in Invesco S&P MidCap Momentum ETF by 0.9% in the 3rd quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock worth $1,578,000 after purchasing an additional 122 shares in the last quarter. Prime Capital Investment Advisors LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 0.4% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 35,537 shares of the company’s stock valued at $4,276,000 after buying an additional 126 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. raised its position in shares of Invesco S&P MidCap Momentum ETF by 114.2% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock valued at $28,000 after buying an additional 129 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 0.9 %

Shares of NYSEARCA:XMMO opened at $130.79 on Wednesday. The stock has a market capitalization of $2.56 billion, a PE ratio of 19.24 and a beta of 1.12. The firm has a 50 day moving average of $120.62 and a 200-day moving average of $116.81. Invesco S&P MidCap Momentum ETF has a 12 month low of $79.69 and a 12 month high of $132.39.

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.