Orion Porfolio Solutions LLC Raises Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Orion Porfolio Solutions LLC boosted its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 9.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 146,409 shares of the company’s stock after acquiring an additional 13,038 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $19,799,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter worth about $161,994,000. Davidson Capital Management Inc. grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 43.2% during the 2nd quarter. Davidson Capital Management Inc. now owns 389,462 shares of the company’s stock worth $50,096,000 after purchasing an additional 117,506 shares during the period. Jones Financial Companies Lllp increased its position in Invesco S&P MidCap Momentum ETF by 36.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 357,700 shares of the company’s stock worth $48,153,000 after purchasing an additional 96,163 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Invesco S&P MidCap Momentum ETF by 26.4% in the third quarter. Envestnet Asset Management Inc. now owns 372,585 shares of the company’s stock valued at $50,385,000 after buying an additional 77,853 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in Invesco S&P MidCap Momentum ETF by 20.5% in the second quarter. Osaic Holdings Inc. now owns 453,697 shares of the company’s stock valued at $58,397,000 after buying an additional 77,285 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Up 0.1%

XMMO opened at $148.90 on Thursday. Invesco S&P MidCap Momentum ETF has a 52-week low of $97.50 and a 52-week high of $152.42. The company has a 50 day moving average of $143.99 and a two-hundred day moving average of $138.36. The company has a market cap of $5.55 billion, a P/E ratio of 22.06 and a beta of 1.05.

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.