Koshinski Asset Management Inc. Has $5.96 Million Position in Invesco S&P MidCap Momentum ETF $XMMO

Koshinski Asset Management Inc. grew its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 48.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,096 shares of the company’s stock after buying an additional 14,443 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $5,963,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Capstone Wealth Management Group LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 148.4% during the 1st quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock worth $3,211,000 after acquiring an additional 16,865 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF by 17.4% in the first quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock worth $1,460,000 after acquiring an additional 1,905 shares during the last quarter. D.A. Davidson & CO. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 28.2% during the second quarter. D.A. Davidson & CO. now owns 2,393 shares of the company’s stock worth $308,000 after purchasing an additional 526 shares in the last quarter. Brookstone Capital Management grew its stake in shares of Invesco S&P MidCap Momentum ETF by 31.1% during the second quarter. Brookstone Capital Management now owns 3,516 shares of the company’s stock valued at $452,000 after purchasing an additional 834 shares during the last quarter. Finally, Principle Wealth Partners LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the second quarter valued at approximately $224,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $149.37 on Friday. The firm has a 50 day simple moving average of $142.40 and a 200 day simple moving average of $137.29. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $97.50 and a fifty-two week high of $149.82. The firm has a market cap of $5.56 billion, a P/E ratio of 22.06 and a beta of 1.05.

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.