Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Sold by MY Wealth Management Inc.

MY Wealth Management Inc. lessened its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 5.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,541 shares of the company’s stock after selling 195 shares during the quarter. Invesco S&P MidCap Momentum ETF accounts for about 0.5% of MY Wealth Management Inc.’s investment portfolio, making the stock its 20th largest holding. MY Wealth Management Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $404,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dynamic Advisor Solutions LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 2.5% during the 2nd 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 in the last quarter. PFG Advisors grew its position in Invesco S&P MidCap Momentum ETF by 2.6% in the first quarter. PFG Advisors now owns 4,495 shares of the company’s stock worth $516,000 after buying an additional 114 shares during the last quarter. Concourse Financial Group Securities Inc. raised its position in shares of 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 purchasing an additional 129 shares during the period. Sculati Wealth Management LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.3% during the fourth quarter. Sculati Wealth Management LLC now owns 14,294 shares of the company’s stock worth $1,284,000 after purchasing an additional 184 shares during the period. Finally, American Trust increased its stake in Invesco S&P MidCap Momentum ETF by 2.7% in the 1st quarter. American Trust now owns 7,387 shares of the company’s stock valued at $848,000 after buying an additional 192 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Up 0.9 %

Invesco S&P MidCap Momentum ETF stock opened at $113.16 on Thursday. Invesco S&P MidCap Momentum ETF has a 12 month low of $74.39 and a 12 month high of $121.49. The company’s fifty day simple moving average is $115.35 and its 200-day simple moving average is $113.51. The stock has a market cap of $2.21 billion, a P/E 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.