Spire Wealth Management boosted its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 98.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 6,471 shares of the company’s stock after purchasing an additional 3,206 shares during the quarter. Spire Wealth Management’s holdings in Invesco S&P MidCap Momentum ETF were worth $799,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. LPL Financial LLC grew its position in Invesco S&P MidCap Momentum ETF by 19.3% during the 3rd quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock valued at $209,969,000 after purchasing an additional 282,112 shares during the last quarter. Affinity Wealth Management LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 1.5% during the 3rd quarter. Affinity Wealth Management LLC now owns 253,773 shares of the company’s stock valued at $30,537,000 after acquiring an additional 3,810 shares during the period. Foundations Investment Advisors LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 28.5% during the 4th quarter. Foundations Investment Advisors LLC now owns 216,405 shares of the company’s stock valued at $26,732,000 after acquiring an additional 47,969 shares during the period. Great Valley Advisor Group Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 3.4% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 186,324 shares of the company’s stock valued at $22,420,000 after acquiring an additional 6,111 shares during the period. Finally, MML Investors Services LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 24.3% during the 3rd quarter. MML Investors Services LLC now owns 164,742 shares of the company’s stock valued at $19,823,000 after acquiring an additional 32,173 shares during the period.
Invesco S&P MidCap Momentum ETF Stock Performance
XMMO opened at $129.95 on Wednesday. The stock has a market capitalization of $2.54 billion, a P/E ratio of 19.24 and a beta of 1.12. The company’s 50-day simple moving average is $129.06 and its two-hundred day simple moving average is $123.26. Invesco S&P MidCap Momentum ETF has a 52-week low of $95.80 and a 52-week high of $137.14.
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.
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