International Assets Investment Management LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 197.1% in the third quarter, Holdings Channel reports. The fund owned 10,000 shares of the company’s stock after acquiring an additional 6,634 shares during the period. International Assets Investment Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,468,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Parcion Private Wealth LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 13.3% in the 3rd quarter. Parcion Private Wealth LLC now owns 4,555 shares of the company’s stock worth $668,000 after purchasing an additional 535 shares during the last quarter. Founders Financial Securities LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter worth about $2,789,000. Elwood & Goetz Wealth Advisory Group LLC bought a new position in Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at about $414,000. D.A. Davidson & CO. bought a new position in Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at about $460,000. Finally, BOKF NA bought a new position in Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at about $83,000.
Invesco S&P MidCap Momentum ETF Stock Up 2.0%
NYSEARCA:XMMO opened at $137.31 on Wednesday. The firm has a market cap of $6.59 billion, a PE ratio of 22.06 and a beta of 1.11. Invesco S&P MidCap Momentum ETF has a 12 month low of $129.31 and a 12 month high of $173.94. The company’s 50-day moving average price is $146.63 and its two-hundred day moving average price is $153.74.
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.
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Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
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