MML Investors Services LLC Has $53.08 Million Stock Holdings in Invesco S&P MidCap Momentum ETF $XMMO

MML Investors Services LLC grew its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 12.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 383,350 shares of the company’s stock after purchasing an additional 43,799 shares during the period. MML Investors Services LLC owned about 1.03% of Invesco S&P MidCap Momentum ETF worth $53,079,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of XMMO. Clear Creek Financial Management LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 65.3% during the third quarter. Clear Creek Financial Management LLC now owns 10,574 shares of the company’s stock worth $1,430,000 after acquiring an additional 4,178 shares during the period. Elevation Capital Advisory LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 162.7% during the fourth quarter. Elevation Capital Advisory LLC now owns 29,671 shares of the company’s stock worth $4,108,000 after acquiring an additional 18,378 shares during the period. Sound Income Strategies LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 67.7% during the fourth quarter. Sound Income Strategies LLC now owns 66,916 shares of the company’s stock worth $9,580,000 after acquiring an additional 27,024 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 120.6% during the fourth quarter. Farther Finance Advisors LLC now owns 34,147 shares of the company’s stock worth $4,728,000 after acquiring an additional 18,669 shares during the period. Finally, IFG Advisory LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 203.0% during the third quarter. IFG Advisory LLC now owns 9,517 shares of the company’s stock worth $1,287,000 after acquiring an additional 6,376 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Up 1.0%

Shares of NYSEARCA:XMMO opened at $171.30 on Tuesday. Invesco S&P MidCap Momentum ETF has a 12 month low of $123.58 and a 12 month high of $173.24. The company’s fifty day simple moving average is $162.19 and its 200 day simple moving average is $149.83. The firm has a market cap of $7.24 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08.

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.