Hershey Financial Advisers LLC Purchases Shares of 3,215 Invesco S&P MidCap Momentum ETF $XMMO

Hershey Financial Advisers LLC acquired a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,215 shares of the company’s stock, valued at approximately $466,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XMMO. Capstone Wealth Management Group LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 148.4% during the first quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock valued at $3,211,000 after acquiring an additional 16,865 shares during the period. AQR Capital Management LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 17.4% in the 1st quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock worth $1,460,000 after acquiring an additional 1,905 shares during the period. Cerity Partners LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth about $3,587,000. Raymond James Financial Inc. lifted its position in Invesco S&P MidCap Momentum ETF by 5.0% in the 2nd quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock valued at $85,895,000 after purchasing an additional 31,948 shares during the last quarter. Finally, Jupiter Wealth Management LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $2,120,000.

Invesco S&P MidCap Momentum ETF Stock Down 0.5%

Invesco S&P MidCap Momentum ETF stock opened at $157.08 on Friday. Invesco S&P MidCap Momentum ETF has a 52-week low of $126.64 and a 52-week high of $173.94. The firm has a market capitalization of $7.25 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08. The firm has a 50-day moving average price of $165.97 and a two-hundred day moving average price of $154.14.

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.