Royal Bank of Canada Acquires 117,316 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Royal Bank of Canada raised its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 45.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 372,930 shares of the company’s stock after buying an additional 117,316 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P MidCap Momentum ETF were worth $54,082,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Optima Capital LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $26,000. Realta Investment Advisors acquired a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at about $28,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $28,000. AlphaCore Capital LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $34,000. Finally, Park Square Financial Group LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $36,000.

Invesco S&P MidCap Momentum ETF Price Performance

NYSEARCA:XMMO opened at $154.29 on Friday. The stock has a market capitalization of $7.14 billion, a PE ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $126.64 and a fifty-two week high of $173.94. The business’s 50-day simple moving average is $164.54 and its 200-day simple moving average is $155.32.

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.