Steward Partners Investment Advisory LLC Grows Stake in Invesco S&P MidCap Momentum ETF $XMMO

Steward Partners Investment Advisory LLC raised its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 6.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,352 shares of the company’s stock after buying an additional 950 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,975,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameritas Investment Partners Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 12.4% in the second quarter. Ameritas Investment Partners Inc. now owns 22,835 shares of the company’s stock worth $2,937,000 after acquiring an additional 2,522 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth about $884,000. Titleist Asset Management LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 6.6% during the 2nd quarter. Titleist Asset Management LLC now owns 43,532 shares of the company’s stock valued at $5,599,000 after purchasing an additional 2,713 shares in the last quarter. Lodestone Wealth Management LLC increased its position in shares of Invesco S&P MidCap Momentum ETF by 16.6% during the second quarter. Lodestone Wealth Management LLC now owns 2,064 shares of the company’s stock valued at $265,000 after buying an additional 294 shares during the period. Finally, TRUE Private Wealth Advisors bought a new position in Invesco S&P MidCap Momentum ETF in the second quarter worth about $2,389,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO opened at $139.31 on Friday. Invesco S&P MidCap Momentum ETF has a one year low of $97.50 and a one year high of $139.34. The company has a 50-day simple moving average of $135.31 and a two-hundred day simple moving average of $131.24. The firm has a market capitalization of $4.87 billion, a PE ratio of 22.06 and a beta of 1.05.

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.