Comprehensive Wealth Management LLC Has $1.36 Million Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Comprehensive Wealth Management LLC boosted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 3.3% in the 4th quarter, HoldingsChannel reports. The firm owned 11,018 shares of the company’s stock after purchasing an additional 351 shares during the quarter. Invesco S&P MidCap Momentum ETF makes up approximately 1.0% of Comprehensive Wealth Management LLC’s portfolio, making the stock its 10th largest holding. Comprehensive Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XMMO. Raymond James Financial Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $66,383,000. Mainstay Capital Management LLC ADV purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $35,394,000. LPL Financial LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 19.3% during the 3rd quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock worth $209,969,000 after acquiring an additional 282,112 shares in the last quarter. Principal Securities Inc. raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 918.3% during the 4th quarter. Principal Securities Inc. now owns 248,852 shares of the company’s stock worth $30,741,000 after acquiring an additional 224,413 shares in the last quarter. Finally, Win Advisors Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $12,249,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO opened at $115.64 on Friday. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 16.76 and a beta of 1.04. Invesco S&P MidCap Momentum ETF has a 1 year low of $105.77 and a 1 year high of $137.14. The business’s 50 day simple moving average is $124.25 and its 200-day simple moving average is $124.46.

About Invesco S&P MidCap Momentum ETF

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.