Kingsview Wealth Management LLC Raises Stake in Invesco S&P MidCap Momentum ETF $XMMO

Kingsview Wealth Management LLC increased its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 20.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 16,302 shares of the company’s stock after acquiring an additional 2,742 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,097,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capstone Wealth Management Group LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 148.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock valued at $3,211,000 after purchasing an additional 16,865 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF by 41.5% during the first quarter. Hazlett Burt & Watson Inc. now owns 539 shares of the company’s stock worth $60,000 after buying an additional 158 shares during the period. PFG Advisors grew its stake in shares of Invesco S&P MidCap Momentum ETF by 2.0% in the first quarter. PFG Advisors now owns 7,406 shares of the company’s stock valued at $843,000 after buying an additional 145 shares in the last quarter. Y Intercept Hong Kong Ltd raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 46.2% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 5,114 shares of the company’s stock valued at $582,000 after buying an additional 1,616 shares during the period. Finally, Financial Partners Group Inc lifted its stake in Invesco S&P MidCap Momentum ETF by 2,069.2% during the 1st quarter. Financial Partners Group Inc now owns 69,329 shares of the company’s stock worth $7,887,000 after acquiring an additional 66,133 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

NYSEARCA XMMO opened at $132.28 on Wednesday. The company has a market cap of $4.62 billion, a P/E ratio of 22.06 and a beta of 1.05. The stock has a 50-day moving average of $135.22 and a two-hundred day moving average of $130.50. Invesco S&P MidCap Momentum ETF has a 1-year low of $97.50 and a 1-year high of $139.26.

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.