Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Bought by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC grew its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 28.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 216,405 shares of the company’s stock after purchasing an additional 47,969 shares during the period. Foundations Investment Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $26,732,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth approximately $1,246,000. Creative Planning boosted its position in shares of Invesco S&P MidCap Momentum ETF by 7.4% in the second quarter. Creative Planning now owns 8,077 shares of the company’s stock worth $921,000 after acquiring an additional 559 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P MidCap Momentum ETF by 2.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock worth $36,619,000 after acquiring an additional 7,717 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 11.6% in the second quarter. NewEdge Advisors LLC now owns 42,176 shares of the company’s stock worth $4,808,000 after acquiring an additional 4,396 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth approximately $607,000.

Invesco S&P MidCap Momentum ETF Stock Performance

XMMO opened at $129.34 on Monday. The company’s 50 day simple moving average is $129.26 and its 200 day simple moving average is $122.72. Invesco S&P MidCap Momentum ETF has a 1 year low of $92.19 and a 1 year high of $137.14. The stock has a market capitalization of $2.53 billion, a PE ratio of 19.24 and a beta of 1.12.

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.