Money Concepts Capital Corp Lowers Stake in Invesco S&P MidCap Momentum ETF $XMMO

Money Concepts Capital Corp cut its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 97.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,514 shares of the company’s stock after selling 470,170 shares during the quarter. Money Concepts Capital Corp’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,670,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Elevation Capital Advisory LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 162.7% during the fourth quarter. Elevation Capital Advisory LLC now owns 29,671 shares of the company’s stock worth $4,108,000 after purchasing an additional 18,378 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 67.7% in the fourth quarter. Sound Income Strategies LLC now owns 66,916 shares of the company’s stock worth $9,580,000 after buying an additional 27,024 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 120.6% in the fourth quarter. Farther Finance Advisors LLC now owns 34,147 shares of the company’s stock valued at $4,728,000 after buying an additional 18,669 shares in the last quarter. Belpointe Asset Management LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 41.2% in the fourth quarter. Belpointe Asset Management LLC now owns 20,891 shares of the company’s stock valued at $2,893,000 after buying an additional 6,098 shares in the last quarter. Finally, Fifth Third Securities Inc. raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 4.0% during the 4th quarter. Fifth Third Securities Inc. now owns 95,412 shares of the company’s stock valued at $13,211,000 after buying an additional 3,651 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA:XMMO traded down $0.96 during mid-day trading on Friday, hitting $161.51. 329,484 shares of the company traded hands, compared to its average volume of 354,789. The firm’s 50 day simple moving average is $166.49 and its 200 day simple moving average is $153.53. The firm has a market cap of $7.55 billion, a P/E ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a 52-week low of $126.64 and a 52-week high of $173.94.

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.