LPL Financial LLC Acquires 355,614 Shares of Invesco S&P MidCap Momentum ETF $XMMO

LPL Financial LLC boosted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 11.4% during the fourth quarter, Holdings Channel reports. The fund owned 3,472,670 shares of the company’s stock after purchasing an additional 355,614 shares during the period. LPL Financial LLC owned approximately 0.09% of Invesco S&P MidCap Momentum ETF worth $480,826,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Optima Capital LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $26,000. Realta Investment Advisors bought a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $28,000. AlphaCore Capital LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $34,000. Park Square Financial Group LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $36,000. Finally, Eagle Bay Advisors LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $39,000.

Invesco S&P MidCap Momentum ETF Trading Up 0.5%

XMMO opened at $165.38 on Tuesday. Invesco S&P MidCap Momentum ETF has a 1-year low of $123.44 and a 1-year high of $172.23. The stock’s fifty day simple moving average is $159.93 and its 200 day simple moving average is $148.64. The stock has a market cap of $6.99 billion, a PE ratio of 22.06 and a beta of 1.08.

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.