New Millennium Group LLC Raises Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

New Millennium Group LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 78.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,680 shares of the company’s stock after purchasing an additional 9,533 shares during the period. Invesco S&P MidCap Momentum ETF makes up about 1.7% of New Millennium Group LLC’s portfolio, making the stock its 18th biggest holding. New Millennium Group LLC owned about 0.11% of Invesco S&P MidCap Momentum ETF worth $2,609,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $26,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $26,000. Concourse Financial Group Securities Inc. raised its stake in shares of Invesco S&P MidCap Momentum ETF by 114.2% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock valued at $28,000 after buying an additional 129 shares during the last quarter. Pineridge Advisors LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter valued at about $34,000. Finally, NBC Securities Inc. raised its stake in shares of Invesco S&P MidCap Momentum ETF by 83.7% during the 3rd quarter. NBC Securities Inc. now owns 461 shares of the company’s stock valued at $55,000 after buying an additional 210 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 0.2 %

NYSEARCA:XMMO opened at $128.11 on Tuesday. Invesco S&P MidCap Momentum ETF has a 52 week low of $82.25 and a 52 week high of $132.39. The stock has a market capitalization of $2.51 billion, a PE ratio of 19.24 and a beta of 1.12. The stock’s 50-day moving average price is $122.30 and its 200-day moving average price is $117.50.

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.