Wealthspire Advisors LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,083 shares of the company’s stock, valued at approximately $381,000.
Other hedge funds have also bought and sold shares of the company. Howe & Rusling Inc. bought a new position in Invesco S&P MidCap Momentum ETF during the third quarter worth about $30,000. Richardson Financial Services Inc. bought a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $70,000. Investors Research Corp increased its position in Invesco S&P MidCap Momentum ETF by 127.2% during the third quarter. Investors Research Corp now owns 718 shares of the company’s stock worth $86,000 after acquiring an additional 402 shares during the period. Realta Investment Advisors bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $138,000. Finally, Lodestone Wealth Management LLC bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $211,000.
Invesco S&P MidCap Momentum ETF Stock Up 1.0 %
XMMO stock opened at $122.35 on Thursday. Invesco S&P MidCap Momentum ETF has a 12 month low of $104.48 and a 12 month high of $137.14. The firm has a market cap of $3.82 billion, a P/E ratio of 19.06 and a beta of 1.03. The company’s 50-day moving average price is $127.16 and its two-hundred day moving average price is $124.61.
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.
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