Arete Wealth Advisors LLC Boosts Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Arete Wealth Advisors LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Get Rating) by 26.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,611 shares of the company’s stock after acquiring an additional 1,175 shares during the period. Arete Wealth Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $484,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. National Bank of Canada FI raised its stake in shares of Invesco S&P MidCap Momentum ETF by 116.5% during the 1st quarter. National Bank of Canada FI now owns 563 shares of the company’s stock worth $49,000 after buying an additional 303 shares in the last quarter. Rollins Financial purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth approximately $242,000. Prospera Financial Services Inc raised its stake in shares of Invesco S&P MidCap Momentum ETF by 2.5% during the 1st quarter. Prospera Financial Services Inc now owns 7,523 shares of the company’s stock worth $649,000 after buying an additional 185 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF by 113.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 157,652 shares of the company’s stock worth $13,608,000 after buying an additional 83,738 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P MidCap Momentum ETF by 14.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 33,546 shares of the company’s stock worth $2,896,000 after buying an additional 4,275 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO stock opened at $78.69 on Friday. The stock has a 50 day simple moving average of $75.25 and a 200-day simple moving average of $80.66. Invesco S&P MidCap Momentum ETF has a 12-month low of $69.38 and a 12-month high of $97.17.