Invesco S&P MidCap Momentum ETF $XMMO Shares Purchased by IFG Advisory LLC

IFG Advisory LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 203.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,517 shares of the company’s stock after acquiring an additional 6,376 shares during the quarter. IFG Advisory LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,287,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Vantagepoint Investment Advisers LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the third quarter valued at 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 Trading Down 2.1%

Shares of Invesco S&P MidCap Momentum ETF stock opened at $144.06 on Friday. The company has a fifty day moving average price of $144.15 and a 200 day moving average price of $138.51. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $152.42. The stock has a market cap of $5.37 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05.

About Invesco S&P MidCap Momentum ETF

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.