ProVise Management Group LLC Grows Stake in Invesco S&P MidCap Momentum ETF $XMMO

ProVise Management Group LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 7.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,187 shares of the company’s stock after buying an additional 3,836 shares during the period. ProVise Management Group LLC owned approximately 0.16% of Invesco S&P MidCap Momentum ETF worth $7,598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Vantagepoint Investment Advisers LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the third quarter worth $161,994,000. Davidson Capital Management Inc. increased its stake in Invesco S&P MidCap Momentum ETF by 43.2% during the 2nd quarter. Davidson Capital Management Inc. now owns 389,462 shares of the company’s stock worth $50,096,000 after buying an additional 117,506 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Invesco S&P MidCap Momentum ETF by 36.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 357,700 shares of the company’s stock valued at $48,153,000 after purchasing an additional 96,163 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Invesco S&P MidCap Momentum ETF by 26.4% in the third quarter. Envestnet Asset Management Inc. now owns 372,585 shares of the company’s stock valued at $50,385,000 after buying an additional 77,853 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 20.5% in the 2nd quarter. Osaic Holdings Inc. now owns 453,697 shares of the company’s stock worth $58,397,000 after purchasing an additional 77,285 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 2.1%

Shares of XMMO stock opened at $144.06 on Monday. The stock has a market cap of $5.37 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05. The company’s 50-day moving average price is $144.15 and its 200-day moving average price is $138.63. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $152.42.

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.