Flagship Wealth Advisors LLC Has $9.44 Million Stock Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Flagship Wealth Advisors LLC raised its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 11.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 68,207 shares of the company’s stock after purchasing an additional 6,984 shares during the period. Invesco S&P MidCap Momentum ETF comprises 2.7% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. Flagship Wealth Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $9,444,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Optima Capital LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $26,000. Realta Investment Advisors bought a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $28,000. AlphaCore Capital LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $34,000. Park Square Financial Group LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $36,000. Finally, Eagle Bay Advisors LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $39,000.

Invesco S&P MidCap Momentum ETF Stock Up 0.4%

Shares of NYSEARCA XMMO opened at $171.72 on Friday. The business has a fifty day simple moving average of $159.21 and a two-hundred day simple moving average of $148.18. The firm has a market cap of $7.25 billion, a PE ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a twelve month low of $123.44 and a twelve month high of $172.23.

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.