HBW Advisory Services LLC Sells 3,255 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

HBW Advisory Services LLC trimmed its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 26.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,050 shares of the company’s stock after selling 3,255 shares during the quarter. HBW Advisory Services LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC increased its position 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 valued at $209,969,000 after purchasing an additional 282,112 shares during the last quarter. JPMorgan Chase & Co. raised its position in Invesco S&P MidCap Momentum ETF by 4,307.7% in the third quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock worth $7,181,000 after acquiring an additional 58,326 shares during the period. CWM LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 116.5% in the third quarter. CWM LLC now owns 103,024 shares of the company’s stock valued at $12,397,000 after acquiring an additional 55,443 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in shares of Invesco S&P MidCap Momentum ETF by 910.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 53,784 shares of the company’s stock worth $6,437,000 after purchasing an additional 48,459 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 24.3% in the 3rd quarter. MML Investors Services LLC now owns 164,742 shares of the company’s stock worth $19,823,000 after purchasing an additional 32,173 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Down 1.7 %

Invesco S&P MidCap Momentum ETF stock opened at $123.67 on Friday. The business’s 50 day simple moving average is $129.03 and its 200 day simple moving average is $121.46. Invesco S&P MidCap Momentum ETF has a 12 month low of $88.32 and a 12 month high of $137.14. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12.

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.