Invesco S&P MidCap Momentum ETF $XMMO Stake Lifted by Titleist Asset Management LLC

Titleist Asset Management LLC boosted its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 6.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,532 shares of the company’s stock after buying an additional 2,713 shares during the period. Titleist Asset Management LLC owned 0.14% of Invesco S&P MidCap Momentum ETF worth $5,599,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Mainstay Capital Management LLC ADV grew its position in shares of Invesco S&P MidCap Momentum ETF by 102.3% during the second quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock worth $71,777,000 after acquiring an additional 282,194 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in Invesco S&P MidCap Momentum ETF by 169.2% during the 1st quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock valued at $40,619,000 after purchasing an additional 224,424 shares during the period. Ameriprise Financial Inc. grew its position in Invesco S&P MidCap Momentum ETF by 36.6% in the 1st quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock worth $78,662,000 after purchasing an additional 185,360 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P MidCap Momentum ETF by 27.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock valued at $91,758,000 after purchasing an additional 173,649 shares during the period. Finally, Gimbal Financial bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the second quarter valued at approximately $15,711,000.

Invesco S&P MidCap Momentum ETF Trading Up 1.6%

Shares of NYSEARCA XMMO opened at $131.92 on Friday. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $139.26. The company has a market cap of $4.61 billion, a PE ratio of 22.06 and a beta of 1.05. The stock has a 50 day simple moving average of $135.01 and a 200-day simple moving average of $130.68.

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.