Invesco S&P MidCap Momentum ETF $XMMO Shares Newly Bought by Fifth Third Securities Inc.

Fifth Third Securities Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 98,914 shares of the company’s stock, valued at approximately $14,516,000.

A number of other institutional investors also recently bought and sold shares of XMMO. Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 22.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,295,928 shares of the company’s stock valued at $220,489,000 after buying an additional 234,003 shares in the last quarter. Total Clarity Wealth Management Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the first quarter worth $916,000. NewEdge Advisors LLC grew its stake in Invesco S&P MidCap Momentum ETF by 98.9% during the second quarter. NewEdge Advisors LLC now owns 155,686 shares of the company’s stock valued at $26,489,000 after acquiring an additional 77,403 shares in the last quarter. RFG Advisory LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 44.4% in the first quarter. RFG Advisory LLC now owns 42,702 shares of the company’s stock worth $6,193,000 after purchasing an additional 13,123 shares during the last quarter. Finally, Tidal Investments LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth about $1,485,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of NYSEARCA XMMO traded up $1.12 during midday trading on Wednesday, reaching $141.64. 255,539 shares of the stock traded hands, compared to its average volume of 351,940. Invesco S&P MidCap Momentum ETF has a one year low of $129.31 and a one year high of $173.94. The company’s 50 day moving average is $151.19 and its 200 day moving average is $158.30. The stock has a market capitalization of $6.85 billion, a PE ratio of 22.06 and a beta of 1.10.

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.