Focus Financial Network Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 0.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 123,985 shares of the company’s stock after acquiring an additional 934 shares during the period. Focus Financial Network Inc. owned about 0.63% of Invesco S&P MidCap Momentum ETF worth $14,919,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 1.6% during the 2nd quarter. LPL Financial LLC now owns 1,462,834 shares of the company’s stock worth $166,748,000 after acquiring an additional 23,229 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P MidCap Momentum ETF by 2.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock worth $36,619,000 after acquiring an additional 7,717 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 12.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 294,088 shares of the company’s stock valued at $33,523,000 after buying an additional 32,271 shares in the last quarter. Affinity Wealth Management LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.5% in the 3rd quarter. Affinity Wealth Management LLC now owns 253,773 shares of the company’s stock valued at $30,537,000 after buying an additional 3,810 shares in the last quarter. Finally, Foundations Investment Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 34.7% in the 2nd quarter. Foundations Investment Advisors LLC now owns 215,906 shares of the company’s stock valued at $24,611,000 after buying an additional 55,650 shares in the last quarter.
Invesco S&P MidCap Momentum ETF Trading Down 1.0 %
Shares of Invesco S&P MidCap Momentum ETF stock opened at $121.28 on Friday. The company has a fifty day simple moving average of $119.41 and a 200-day simple moving average of $115.80. Invesco S&P MidCap Momentum ETF has a 12-month low of $75.45 and a 12-month high of $125.38. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12.
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.
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