New Millennium Group LLC Has $2.61 Million Holdings in Invesco S&P MidCap Momentum ETF $XMMO

New Millennium Group LLC trimmed its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 21.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 19,322 shares of the company’s stock after selling 5,124 shares during the period. Invesco S&P MidCap Momentum ETF accounts for 1.2% of New Millennium Group LLC’s investment portfolio, making the stock its 24th largest holding. New Millennium Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,613,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at about $161,994,000. Davidson Capital Management Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 43.2% in the 2nd quarter. Davidson Capital Management Inc. now owns 389,462 shares of the company’s stock valued at $50,096,000 after purchasing an additional 117,506 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Invesco S&P MidCap Momentum ETF by 36.8% during the third quarter. Jones Financial Companies Lllp now owns 357,700 shares of the company’s stock worth $48,153,000 after purchasing an additional 96,163 shares during the period. Envestnet Asset Management Inc. increased its position in Invesco S&P MidCap Momentum ETF by 26.4% during the third quarter. Envestnet Asset Management Inc. now owns 372,585 shares of the company’s stock worth $50,385,000 after buying an additional 77,853 shares during the last quarter. Finally, Osaic Holdings Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 20.5% in the second quarter. Osaic Holdings Inc. now owns 453,697 shares of the company’s stock valued at $58,397,000 after buying an additional 77,285 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 0.5%

Shares of NYSEARCA XMMO opened at $148.13 on Friday. Invesco S&P MidCap Momentum ETF has a 12 month low of $97.50 and a 12 month high of $148.79. The stock has a 50 day moving average of $142.20 and a 200-day moving average of $137.10. The company has a market capitalization of $5.52 billion, a P/E ratio of 22.06 and a beta of 1.05.

Invesco S&P MidCap Momentum ETF Company 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.