Meridian Wealth Management LLC acquired a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 16,806 shares of the company’s stock, valued at approximately $2,076,000. Meridian Wealth Management LLC owned 0.09% of Invesco S&P MidCap Momentum ETF at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of XMMO. Howe & Rusling Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $30,000. Transcendent Capital Group LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 2,689.5% in the 4th quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock worth $65,000 after acquiring an additional 511 shares during the period. Richardson Financial Services Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter valued at about $70,000. First Command Advisory Services Inc. lifted its position in Invesco S&P MidCap Momentum ETF by 30.0% in the fourth quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock valued at $81,000 after purchasing an additional 152 shares during the period. Finally, Investors Research Corp boosted its holdings in Invesco S&P MidCap Momentum ETF by 127.2% in the 3rd quarter. Investors Research Corp now owns 718 shares of the company’s stock valued at $86,000 after purchasing an additional 402 shares in the last quarter.
Invesco S&P MidCap Momentum ETF Price Performance
XMMO opened at $118.95 on Tuesday. Invesco S&P MidCap Momentum ETF has a 12 month low of $105.77 and a 12 month high of $137.14. The business has a 50 day simple moving average of $126.94 and a 200-day simple moving average of $124.82. The stock has a market capitalization of $3.71 billion, a P/E ratio of 19.06 and a beta of 1.03.
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.
Featured Stories
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- What is the MACD Indicator and How to Use it in Your Trading
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- Canadian Penny Stocks: Can They Make You Rich?
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
