Maridea Wealth Management LLC Buys 5,161 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Maridea Wealth Management LLC increased its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 105.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,033 shares of the company’s stock after buying an additional 5,161 shares during the quarter. Maridea Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,357,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in XMMO. First Financial Corp IN bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at about $25,000. Golden State Wealth Management LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the second quarter worth approximately $28,000. Briaud Financial Planning Inc bought a new stake in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at $29,000. GoalVest Advisory LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the third quarter valued at about $29,000. Finally, Greykasell Wealth Strategies Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF during the third quarter worth approximately $43,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA XMMO opened at $147.05 on Wednesday. The stock’s fifty day moving average is $141.93 and its 200 day moving average is $136.95. The stock has a market capitalization of $5.48 billion, a P/E ratio of 22.06 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a 52 week low of $97.50 and a 52 week high of $148.37.

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.