Kestra Advisory Services LLC Buys 11,531 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Kestra Advisory Services LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 29.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,955 shares of the company’s stock after purchasing an additional 11,531 shares during the period. Kestra Advisory Services LLC owned 0.12% of Invesco S&P MidCap Momentum ETF worth $7,390,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. &PARTNERS grew its holdings in Invesco S&P MidCap Momentum ETF by 2.0% during the fourth quarter. &PARTNERS now owns 3,501 shares of the company’s stock valued at $485,000 after purchasing an additional 70 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 0.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 11,845 shares of the company’s stock valued at $1,640,000 after buying an additional 86 shares during the last quarter. Crescent Sterling Ltd. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 4.4% during the 4th quarter. Crescent Sterling Ltd. now owns 2,233 shares of the company’s stock worth $309,000 after acquiring an additional 95 shares during the period. Advisory Services Network LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 2.4% during the 3rd quarter. Advisory Services Network LLC now owns 4,004 shares of the company’s stock worth $541,000 after acquiring an additional 95 shares during the period. Finally, Tactive Advisors LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 1.2% in the 4th quarter. Tactive Advisors LLC now owns 8,474 shares of the company’s stock worth $1,173,000 after acquiring an additional 98 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 1.3%

XMMO opened at $160.78 on Wednesday. The firm has a 50-day moving average price of $166.43 and a 200-day moving average price of $153.87. Invesco S&P MidCap Momentum ETF has a twelve month low of $126.64 and a twelve month high of $173.94. The company has a market capitalization of $7.41 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.