Geneos Wealth Management Inc. Increases Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Geneos Wealth Management Inc. raised its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 479.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,992 shares of the company’s stock after buying an additional 11,579 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,728,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. American Trust grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.1% in the third quarter. American Trust now owns 7,835 shares of the company’s stock valued at $943,000 after purchasing an additional 84 shares during the period. Meridian Financial LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 3.2% in the 4th quarter. Meridian Financial LLC now owns 3,250 shares of the company’s stock valued at $401,000 after buying an additional 100 shares during the period. Park Avenue Securities LLC grew its stake 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 buying an additional 103 shares during the period. Advisory Alpha LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 6.4% during the 4th quarter. Advisory Alpha LLC now owns 1,850 shares of the company’s stock worth $229,000 after buying an additional 112 shares during the last quarter. Finally, Atria Investments Inc raised its position in shares of Invesco S&P MidCap Momentum ETF by 0.9% during the 3rd quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock valued at $1,578,000 after buying an additional 122 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $132.36 on Monday. The stock has a 50 day moving average of $129.26 and a 200 day moving average of $122.66. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $92.19 and a fifty-two week high of $137.14.

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.