Invesco S&P MidCap Momentum ETF $XMMO Shares Sold by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC trimmed its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 27.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,691 shares of the company’s stock after selling 10,070 shares during the quarter. Invesco S&P MidCap Momentum ETF comprises about 1.8% of Guardian Asset Advisors LLC’s holdings, making the stock its 12th biggest position. Guardian Asset Advisors LLC owned 0.06% of Invesco S&P MidCap Momentum ETF worth $3,917,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Howard Capital Management LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 6.7% during the 3rd quarter. Howard Capital Management LLC now owns 9,988 shares of the company’s stock worth $1,466,000 after purchasing an additional 628 shares in the last quarter. R2 Capital Strategies LLC increased its position in Invesco S&P MidCap Momentum ETF by 20.5% in the 3rd quarter. R2 Capital Strategies LLC now owns 7,125 shares of the company’s stock valued at $1,046,000 after buying an additional 1,212 shares in the last quarter. HBW Advisory Services LLC increased its position in Invesco S&P MidCap Momentum ETF by 8.6% in the 3rd quarter. HBW Advisory Services LLC now owns 34,343 shares of the company’s stock valued at $5,040,000 after buying an additional 2,721 shares in the last quarter. Mather Group LLC. acquired a new position in Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $86,000. Finally, Godsey & Gibb Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $65,000.

Invesco S&P MidCap Momentum ETF Stock Down 1.6%

NYSEARCA:XMMO traded down $2.24 on Friday, hitting $139.72. The stock had a trading volume of 519,864 shares, compared to its average volume of 352,214. The business’s fifty day moving average is $152.03 and its 200 day moving average is $158.25. The company has a market cap of $6.73 billion, a PE ratio of 22.06 and a beta of 1.10. Invesco S&P MidCap Momentum ETF has a 52 week low of $129.31 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.