Raymond James Financial Inc. Takes $66.38 Million Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Raymond James Financial Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 537,385 shares of the company’s stock, valued at approximately $66,383,000. Raymond James Financial Inc. owned about 2.75% of Invesco S&P MidCap Momentum ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Howe & Rusling Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter worth $30,000. Synergy Investment Management LLC bought a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at about $49,000. Transcendent Capital Group LLC raised its position in Invesco S&P MidCap Momentum ETF by 2,689.5% in the fourth quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock valued at $65,000 after purchasing an additional 511 shares during the last quarter. Richardson Financial Services Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at about $70,000. Finally, First Command Advisory Services Inc. raised its position in Invesco S&P MidCap Momentum ETF by 30.0% in the fourth quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock valued at $81,000 after purchasing an additional 152 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 2.9 %

Invesco S&P MidCap Momentum ETF stock opened at $112.48 on Tuesday. The company has a market capitalization of $3.51 billion, a PE ratio of 19.06 and a beta of 1.03. Invesco S&P MidCap Momentum ETF has a 12 month low of $105.77 and a 12 month high of $137.14. The stock has a 50-day moving average price of $126.00 and a two-hundred day moving average price of $124.78.

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.