Cetera Investment Advisers Has $198.31 Million Stock Position in Invesco S&P MidCap Momentum ETF $XMMO

Cetera Investment Advisers increased its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 9.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,367,490 shares of the company’s stock after buying an additional 115,655 shares during the quarter. Cetera Investment Advisers owned 3.24% of Invesco S&P MidCap Momentum ETF worth $198,313,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. LPL Financial LLC raised its stake in Invesco S&P MidCap Momentum ETF by 11.4% during the fourth quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock worth $480,826,000 after acquiring an additional 355,614 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 353.6% in the fourth quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock worth $34,847,000 after acquiring an additional 196,188 shares during the last quarter. Great Valley Advisor Group Inc. boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 89.1% in the 4th quarter. Great Valley Advisor Group Inc. now owns 399,276 shares of the company’s stock valued at $55,284,000 after purchasing an additional 188,111 shares in the last quarter. OLD National Bancorp IN acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 1st quarter valued at approximately $26,365,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 20.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock valued at $115,094,000 after purchasing an additional 143,657 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO stock opened at $161.75 on Thursday. The stock has a market cap of $7.46 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08. The company has a 50 day simple moving average of $165.51 and a 200 day simple moving average of $154.67. Invesco S&P MidCap Momentum ETF has a 1 year low of $126.64 and a 1 year high of $173.94.

Invesco S&P MidCap Momentum ETF 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.