Stratos Wealth Partners LTD. lifted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 35.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 24,874 shares of the company’s stock after purchasing an additional 6,476 shares during the period. Stratos Wealth Partners LTD.’s holdings in Invesco S&P MidCap Momentum ETF were worth $3,073,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Commonwealth Financial Services LLC lifted its position in Invesco S&P MidCap Momentum ETF by 61.6% during the 4th quarter. Commonwealth Financial Services LLC now owns 50,529 shares of the company’s stock worth $6,242,000 after buying an additional 19,267 shares in the last quarter. WESPAC Advisors SoCal LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $3,207,000. Tempus Wealth Planning LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $1,486,000. Holistic Planning LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $432,000. Finally, Financial Partners Group Inc bought a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at approximately $395,000.
Invesco S&P MidCap Momentum ETF Stock Down 1.3 %
Shares of Invesco S&P MidCap Momentum ETF stock opened at $129.78 on Friday. The stock has a market cap of $2.54 billion, a P/E ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 12-month low of $98.61 and a 12-month high of $137.14. The business’s 50 day moving average is $128.81 and its 200-day moving average is $123.48.
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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