Invesco S&P MidCap Momentum ETF $XMMO Stock: Capstone Wealth Management Group LLC Decreases Holdings

Capstone Wealth Management Group LLC trimmed its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 82.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,005 shares of the company’s stock after selling 27,863 shares during the quarter. Capstone Wealth Management Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $812,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Cetera Investment Advisers lifted its holdings in Invesco S&P MidCap Momentum ETF by 9.2% in the first quarter. Cetera Investment Advisers now owns 1,367,490 shares of the company’s stock valued at $198,313,000 after acquiring an additional 115,655 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 22.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,295,928 shares of the company’s stock worth $220,489,000 after purchasing an additional 234,003 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $115,464,000. Bank of America Corp DE increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 13.4% during the 1st quarter. Bank of America Corp DE now owns 785,643 shares of the company’s stock valued at $113,934,000 after purchasing an additional 92,770 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 45.9% during the 1st quarter. Royal Bank of Canada now owns 372,930 shares of the company’s stock valued at $54,082,000 after purchasing an additional 117,316 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO opened at $138.12 on Thursday. The firm has a fifty day moving average price of $144.09 and a 200 day moving average price of $153.46. Invesco S&P MidCap Momentum ETF has a 1 year low of $126.03 and a 1 year high of $173.94. The stock has a market cap of $6.61 billion, a P/E ratio of 22.06 and a beta of 1.11.

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.