Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Position Boosted by Savvy Advisors Inc.

Savvy Advisors Inc. lifted its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 17.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,657 shares of the company’s stock after purchasing an additional 2,078 shares during the quarter. Savvy Advisors Inc. owned 0.07% of Invesco S&P MidCap Momentum ETF worth $1,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 2.6% in the 3rd quarter. Park Avenue Securities LLC now owns 4,111 shares of the company’s stock valued at $495,000 after buying an additional 103 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 2.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 4,531 shares of the company’s stock valued at $516,000 after acquiring an additional 110 shares during the period. Atria Investments Inc grew its stake in shares of Invesco S&P MidCap Momentum ETF by 0.9% in the third quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock worth $1,578,000 after acquiring an additional 122 shares during the last quarter. Concourse Financial Group Securities Inc. increased its position in Invesco S&P MidCap Momentum ETF by 114.2% during the second quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock worth $28,000 after acquiring an additional 129 shares during the period. Finally, American Trust raised its stake in Invesco S&P MidCap Momentum ETF by 2.7% during the 1st quarter. American Trust now owns 7,387 shares of the company’s stock valued at $848,000 after purchasing an additional 192 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 1.1 %

Shares of NYSEARCA:XMMO opened at $131.95 on Tuesday. The firm has a market capitalization of $2.58 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 $79.69 and a 1-year high of $132.30. The business’s 50 day moving average is $120.62 and its 200-day moving average is $116.81.

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.