Principal Securities Inc. Acquires 6,279 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Principal Securities Inc. raised its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 9.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,627 shares of the company’s stock after purchasing an additional 6,279 shares during the period. Principal Securities Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $9,641,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of XMMO. Capstone Wealth Management Group LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 148.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock valued at $3,211,000 after purchasing an additional 16,865 shares during the period. AQR Capital Management LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 17.4% in the 1st quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock valued at $1,460,000 after purchasing an additional 1,905 shares during the period. Cerity Partners LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $3,587,000. Raymond James Financial Inc. boosted its holdings in Invesco S&P MidCap Momentum ETF by 5.0% in the 2nd quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock valued at $85,895,000 after purchasing an additional 31,948 shares during the period. Finally, Jupiter Wealth Management LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $2,120,000.

Invesco S&P MidCap Momentum ETF Stock Up 4.3%

NYSEARCA XMMO opened at $168.06 on Friday. The company has a market capitalization of $7.10 billion, a P/E ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a 12-month low of $123.44 and a 12-month high of $172.23. The firm has a 50-day moving average price of $161.27 and a two-hundred day moving average price of $149.34.

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.