Parr Mcknight Wealth Management Group LLC Makes New $3.36 Million Investment in Invesco S&P MidCap Momentum ETF $XMMO

Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 23,159 shares of the company’s stock, valued at approximately $3,359,000. Parr Mcknight Wealth Management Group LLC owned approximately 0.05% of Invesco S&P MidCap Momentum ETF at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. LPL Financial LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 11.4% in the 4th quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock worth $480,826,000 after buying an additional 355,614 shares in the last quarter. Cetera Investment Advisers boosted its stake in Invesco S&P MidCap Momentum ETF by 11.3% in the 4th quarter. Cetera Investment Advisers now owns 1,251,835 shares of the company’s stock valued at $173,329,000 after buying an additional 127,090 shares in the last quarter. Wells Fargo & Company MN grew its position in Invesco S&P MidCap Momentum ETF by 13.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,058,740 shares of the company’s stock valued at $146,593,000 after acquiring an additional 125,898 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P MidCap Momentum ETF by 9.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 927,629 shares of the company’s stock valued at $128,440,000 after acquiring an additional 76,532 shares during the period. Finally, Raymond James Financial Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 14.2% during the fourth quarter. Raymond James Financial Inc. now owns 837,045 shares of the company’s stock worth $115,897,000 after acquiring an additional 103,839 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Invesco S&P MidCap Momentum ETF stock opened at $161.51 on Monday. The firm has a market capitalization of $7.57 billion, a P/E ratio of 22.06 and a beta of 1.08. The stock has a fifty day moving average price of $166.49 and a two-hundred day moving average price of $153.62. Invesco S&P MidCap Momentum ETF has a 52-week low of $126.64 and a 52-week high of $173.94.

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.