Wealth Enhancement Advisory Services LLC Grows Stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Wealth Enhancement Advisory Services LLC raised its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 0.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 382,094 shares of the company’s stock after purchasing an additional 450 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 1.95% of Invesco S&P MidCap Momentum ETF worth $45,977,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in XMMO. Newbridge Financial Services Group Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the second quarter valued at about $26,000. Glass Jacobson Investment Advisors llc purchased a new position in Invesco S&P MidCap Momentum ETF in the second quarter valued at about $26,000. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the third quarter valued at about $30,000. NBC Securities Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 83.7% during the third quarter. NBC Securities Inc. now owns 461 shares of the company’s stock valued at $55,000 after acquiring an additional 210 shares in the last quarter. Finally, Investors Research Corp grew its stake in shares of Invesco S&P MidCap Momentum ETF by 127.2% during the third quarter. Investors Research Corp now owns 718 shares of the company’s stock valued at $86,000 after acquiring an additional 402 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $123.67 on Friday. The business has a 50-day moving average of $129.03 and a 200-day moving average of $121.46. The company has a market capitalization of $2.42 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1-year low of $88.32 and a 1-year high of $137.14.

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.