Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Stock Holdings Increased by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. lifted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMOFree Report) by 583.2% in the 4th quarter, HoldingsChannel reports. The firm owned 62,749 shares of the company’s stock after purchasing an additional 53,565 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $7,751,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Synergy Investment Management LLC acquired a new stake in Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $49,000. Transcendent Capital Group LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 2,689.5% during the 4th quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock worth $65,000 after buying an additional 511 shares in the last quarter. Richardson Financial Services Inc. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $70,000. First Command Advisory Services Inc. boosted its holdings in shares of 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 acquiring an additional 152 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of Invesco S&P MidCap Momentum ETF by 459.4% during the fourth quarter. Assetmark Inc. now owns 744 shares of the company’s stock valued at $92,000 after acquiring an additional 611 shares during the period.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of NYSEARCA:XMMO opened at $118.31 on Wednesday. The stock’s 50 day moving average price is $123.81 and its 200 day moving average price is $124.68. The stock has a market cap of $3.59 billion, a price-to-earnings ratio of 16.76 and a beta of 1.04. Invesco S&P MidCap Momentum ETF has a 12 month low of $105.77 and a 12 month high of $137.14.

Invesco S&P MidCap Momentum ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a $0.3006 dividend. This is a positive change from Invesco S&P MidCap Momentum ETF’s previous dividend of $0.05. The ex-dividend date is Monday, March 24th.

Invesco S&P MidCap Momentum ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

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