Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Sees Large Volume Increase

Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) shares saw unusually-strong trading volume on Tuesday . Approximately 473,303 shares were traded during trading, an increase of 126% from the previous session’s volume of 209,221 shares.The stock last traded at $114.68 and had previously closed at $114.01.

Invesco S&P MidCap Momentum ETF Price Performance

The stock has a market cap of $2.23 billion, a P/E ratio of 19.24 and a beta of 1.12. The business’s 50 day simple moving average is $111.16 and its 200 day simple moving average is $96.46.

Institutional Trading of Invesco S&P MidCap Momentum ETF

Large investors have recently made changes to their positions in the business. Blue Trust Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $27,000. Voisard Asset Management Group Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth $30,000. Global Retirement Partners LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 202.1% in the first quarter. Global Retirement Partners LLC now owns 565 shares of the company’s stock valued at $65,000 after purchasing an additional 378 shares during the last quarter. Evolution Advisers Inc. acquired a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at about $50,000. Finally, NBC Securities Inc. bought a new position in Invesco S&P MidCap Momentum ETF during the third quarter worth about $49,000.

Invesco S&P MidCap Momentum ETF Company 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.