Invesco S&P MidCap Momentum ETF $XMMO Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lowered its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 22.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 178,954 shares of the company’s stock after selling 52,305 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $24,200,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth $161,994,000. Raymond James Financial Inc. boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 5.0% during the second quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock valued at $85,895,000 after acquiring an additional 31,948 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 7.6% during the second quarter. Bank of America Corp DE now owns 597,656 shares of the company’s stock valued at $76,877,000 after acquiring an additional 42,015 shares during the last quarter. Cetera Investment Advisers increased its position in Invesco S&P MidCap Momentum ETF by 11.4% during the 2nd quarter. Cetera Investment Advisers now owns 546,873 shares of the company’s stock worth $70,344,000 after purchasing an additional 56,147 shares in the last quarter. Finally, Money Concepts Capital Corp increased its position in Invesco S&P MidCap Momentum ETF by 1.0% during the 3rd quarter. Money Concepts Capital Corp now owns 470,063 shares of the company’s stock worth $63,567,000 after purchasing an additional 4,774 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 1.8%

Shares of XMMO stock opened at $146.72 on Tuesday. The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05. The firm has a 50-day moving average price of $144.27 and a 200 day moving average price of $138.75. 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 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.