Bank of America Corp DE Acquires 92,770 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Bank of America Corp DE lifted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 13.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 785,643 shares of the company’s stock after acquiring an additional 92,770 shares during the period. Bank of America Corp DE’s holdings in Invesco S&P MidCap Momentum ETF were worth $113,934,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of XMMO. Elevation Capital Advisory LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 162.7% in the fourth quarter. Elevation Capital Advisory LLC now owns 29,671 shares of the company’s stock valued at $4,108,000 after purchasing an additional 18,378 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 120.6% during the fourth quarter. Farther Finance Advisors LLC now owns 34,147 shares of the company’s stock worth $4,728,000 after buying an additional 18,669 shares during the last quarter. Belpointe Asset Management LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 41.2% during the fourth quarter. Belpointe Asset Management LLC now owns 20,891 shares of the company’s stock worth $2,893,000 after buying an additional 6,098 shares during the last quarter. Cannon Wealth Management Services LLC grew its position in shares of Invesco S&P MidCap Momentum ETF by 275.0% during the 4th quarter. Cannon Wealth Management Services LLC now owns 7,257 shares of the company’s stock worth $1,005,000 after buying an additional 5,322 shares during the period. Finally, Monetary Solutions Ltd acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth about $2,068,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of NYSEARCA:XMMO opened at $161.98 on Friday. The company has a market capitalization of $7.53 billion, a price-to-earnings ratio of 22.06 and a beta of 1.09. The firm’s 50 day simple moving average is $163.69 and its 200 day simple moving average is $155.91. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $128.83 and a fifty-two week high of $173.94.

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.