Invesco S&P MidCap Momentum ETF $XMMO Shares Sold by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV lessened its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 98.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,994 shares of the company’s stock after selling 550,014 shares during the quarter. Mainstay Capital Management LLC ADV’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,081,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in XMMO. First Financial Corp IN acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the third quarter valued at about $25,000. GoalVest Advisory LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the third quarter worth about $29,000. Greykasell Wealth Strategies Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter worth about $43,000. Aptus Capital Advisors LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 2,293.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 383 shares of the company’s stock worth $52,000 after purchasing an additional 367 shares during the last quarter. Finally, Beacon Capital Management Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $50,000.

Invesco S&P MidCap Momentum ETF Trading Down 0.3%

XMMO stock opened at $144.88 on Thursday. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $152.42. The stock has a market cap of $5.40 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05. The business’s 50-day moving average is $144.85 and its 200 day moving average is $139.33.

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.