Secure Asset Management LLC Has $8.78 Million Stock Position in Invesco S&P MidCap Momentum ETF $XMMO

Secure Asset Management LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 7.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 64,889 shares of the company’s stock after acquiring an additional 4,520 shares during the quarter. Invesco S&P MidCap Momentum ETF makes up 1.4% of Secure Asset Management LLC’s portfolio, making the stock its 14th largest holding. Secure Asset Management LLC owned about 0.19% of Invesco S&P MidCap Momentum ETF worth $8,782,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. World Investment Advisors grew its stake in shares of Invesco S&P MidCap Momentum ETF by 1.7% during the second quarter. World Investment Advisors now owns 4,627 shares of the company’s stock valued at $595,000 after purchasing an additional 79 shares during the last quarter. Comerica Bank boosted its position in shares of Invesco S&P MidCap Momentum ETF by 1.3% in the 1st quarter. Comerica Bank now owns 6,602 shares of the company’s stock worth $751,000 after purchasing an additional 85 shares during the last quarter. Good Life Advisors LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 4.7% during the second quarter. Good Life Advisors LLC now owns 2,324 shares of the company’s stock worth $299,000 after purchasing an additional 105 shares during the period. Capital Analysts LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 17.4% in the first quarter. Capital Analysts LLC now owns 742 shares of the company’s stock valued at $84,000 after purchasing an additional 110 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 24.5% in the second quarter. Hazlett Burt & Watson Inc. now owns 671 shares of the company’s stock valued at $87,000 after buying an additional 132 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 1.6%

Shares of XMMO opened at $140.19 on Friday. The stock has a market cap of $4.90 billion, a P/E ratio of 22.06 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a 1 year low of $97.50 and a 1 year high of $142.34. The stock’s 50-day moving average price is $136.41 and its two-hundred day moving average price is $132.68.

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.