Cambridge Investment Research Advisors Inc. Boosts Position in Invesco S&P MidCap Momentum ETF $XMMO

Cambridge Investment Research Advisors Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 6.0% in the fourth quarter, Holdings Channel reports. The fund owned 243,275 shares of the company’s stock after purchasing an additional 13,704 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $33,684,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Optima Capital LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $26,000. Realta Investment Advisors purchased a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $28,000. AlphaCore Capital LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $34,000. Eagle Bay Advisors LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $39,000. Finally, Dunhill Financial LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $42,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO opened at $163.86 on Monday. The business has a 50-day simple moving average of $153.24 and a two-hundred day simple moving average of $145.18. The stock has a market cap of $6.92 billion, a price-to-earnings ratio of 22.06 and a beta of 1.09. Invesco S&P MidCap Momentum ETF has a 52 week low of $120.83 and a 52 week high of $170.16.

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.