Peak Planning Group LLC Acquires Shares of 89,663 Invesco S&P MidCap Momentum ETF $XMMO

Peak Planning Group LLC acquired a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 89,663 shares of the company’s stock, valued at approximately $12,415,000. Invesco S&P MidCap Momentum ETF comprises about 3.5% of Peak Planning Group LLC’s holdings, making the stock its 8th largest position.

Several other hedge funds also recently bought and sold shares of XMMO. Optima Capital LLC bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $26,000. Realta Investment Advisors bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $28,000. Wilmington Savings Fund Society FSB bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $28,000. AlphaCore Capital LLC bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $34,000. Finally, Park Square Financial Group LLC bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $36,000.

Invesco S&P MidCap Momentum ETF Trading Up 1.0%

XMMO opened at $169.68 on Friday. Invesco S&P MidCap Momentum ETF has a 12-month low of $123.44 and a 12-month high of $172.23. The business’s fifty day simple moving average is $161.71 and its 200-day simple moving average is $149.48. The company has a market capitalization of $7.17 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08.

About Invesco S&P MidCap Momentum ETF

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.