Oppenheimer & Co. Inc. Makes New $1.47 Million Investment in Invesco S&P MidCap Momentum ETF $XMMO

Oppenheimer & Co. Inc. acquired a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,014 shares of the company’s stock, valued at approximately $1,470,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Park Avenue Securities LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at about $5,250,000. Vantagepoint Investment Advisers LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the third quarter worth about $115,464,000. Flagship Harbor Advisors LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 4.1% during the third quarter. Flagship Harbor Advisors LLC now owns 43,085 shares of the company’s stock worth $6,323,000 after buying an additional 1,680 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 15.0% during the third quarter. Apollon Wealth Management LLC now owns 2,133 shares of the company’s stock worth $313,000 after buying an additional 279 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC grew its position in Invesco S&P MidCap Momentum ETF by 12.6% during the third quarter. Kingswood Wealth Advisors LLC now owns 7,622 shares of the company’s stock worth $1,119,000 after buying an additional 851 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $136.13 on Monday. Invesco S&P MidCap Momentum ETF has a 12-month low of $129.31 and a 12-month high of $173.94. The stock has a market cap of $6.55 billion, a PE ratio of 22.06 and a beta of 1.10. The company has a 50-day moving average of $147.43 and a two-hundred day moving average of $153.80.

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.