VestGen Advisors LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 20.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 40,489 shares of the company’s stock after buying an additional 6,999 shares during the period. VestGen Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $5,208,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of XMMO. Golden State Wealth Management LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth $28,000. Briaud Financial Planning Inc bought a new position in Invesco S&P MidCap Momentum ETF in the second quarter valued at about $29,000. Parkside Financial Bank & Trust purchased a new position in Invesco S&P MidCap Momentum ETF in the second quarter worth about $62,000. Allworth Financial LP bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $68,000. Finally, Capital Analysts LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 17.4% during the 1st 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 period.
Invesco S&P MidCap Momentum ETF Stock Up 0.7%
NYSEARCA XMMO opened at $139.31 on Friday. The company has a 50-day moving average price of $135.31 and a 200-day moving average price of $131.24. Invesco S&P MidCap Momentum ETF has a 52 week low of $97.50 and a 52 week high of $139.34. The firm has a market capitalization of $4.87 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.
See Also
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- Dividend Capture Strategy: What You Need to Know
- Klarna’s Crypto Play: A Plan to Fix Its Profit Problem
- Industrial Products Stocks Investing
- Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care
- Insider Trading – What You Need to Know
- SoFi Technologies: From Fintech Speculation to Profit Engine
Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
