Marshall Investment Management LLC Acquires Shares of 45,103 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Marshall Investment Management LLC acquired a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 45,103 shares of the company’s stock, valued at approximately $5,427,000. Invesco S&P MidCap Momentum ETF accounts for approximately 3.2% of Marshall Investment Management LLC’s investment portfolio, making the stock its 7th largest holding. Marshall Investment Management LLC owned about 0.23% of Invesco S&P MidCap Momentum ETF at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth approximately $318,000. JPMorgan Chase & Co. boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 4,307.7% in the third quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock worth $7,181,000 after acquiring an additional 58,326 shares during the last quarter. Mutual Advisors LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 17.5% in the fourth quarter. Mutual Advisors LLC now owns 2,598 shares of the company’s stock worth $335,000 after acquiring an additional 386 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 5.5% in the third quarter. Janney Montgomery Scott LLC now owns 13,008 shares of the company’s stock worth $1,565,000 after acquiring an additional 673 shares during the last quarter. Finally, Brookstone Capital Management boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 21.1% in the fourth quarter. Brookstone Capital Management now owns 2,745 shares of the company’s stock worth $339,000 after acquiring an additional 479 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of NYSEARCA:XMMO opened at $120.98 on Friday. The business’s 50 day moving average price is $127.56 and its 200-day moving average price is $124.41. The firm has a market capitalization of $2.37 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1 year low of $103.26 and a 1 year high of $137.14.

Invesco S&P MidCap Momentum ETF 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.