Signature Estate & Investment Advisors LLC grew its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 18.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 37,901 shares of the company’s stock after acquiring an additional 6,006 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $5,248,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Optima Capital LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $26,000. Realta Investment Advisors purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $28,000. AlphaCore Capital LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $34,000. Park Square Financial Group LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $36,000. Finally, Eagle Bay Advisors LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $39,000.
Invesco S&P MidCap Momentum ETF Stock Up 0.5%
Shares of XMMO opened at $163.39 on Friday. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $120.83 and a fifty-two week high of $170.16. The firm’s 50 day moving average price is $154.47 and its 200 day moving average price is $145.89. The company has a market cap of $6.90 billion, a P/E ratio of 22.06 and a beta of 1.09.
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.
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Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
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