Great Valley Advisor Group Inc. Purchases 188,111 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Great Valley Advisor Group Inc. boosted its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 89.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 399,276 shares of the company’s stock after purchasing an additional 188,111 shares during the quarter. Invesco S&P MidCap Momentum ETF comprises about 1.1% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 16th biggest holding. Great Valley Advisor Group Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $55,284,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in XMMO. LPL Financial LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 11.4% in the 4th quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock valued at $480,826,000 after purchasing an additional 355,614 shares during the period. Advance Capital Management Inc. bought a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $27,363,000. HighTower Advisors LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 353.6% in the 4th quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock valued at $34,847,000 after purchasing an additional 196,188 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 20.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock valued at $115,094,000 after acquiring an additional 143,657 shares during the period. Finally, Axxcess Wealth Management LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 1,552.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 122,216 shares of the company’s stock valued at $16,922,000 after acquiring an additional 114,822 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $168.06 on Friday. The stock has a fifty day moving average price of $161.27 and a 200-day moving average price of $149.34. The company has a market cap of $7.10 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $123.44 and a fifty-two week high of $172.23.

About Invesco S&P MidCap Momentum ETF

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.