Oxford Wealth Group LLC Takes $18.38 Million Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Oxford Wealth Group LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 159,988 shares of the company’s stock, valued at approximately $18,376,000. Invesco S&P MidCap Momentum ETF makes up 16.7% of Oxford Wealth Group LLC’s holdings, making the stock its biggest holding. Oxford Wealth Group LLC owned about 0.82% of Invesco S&P MidCap Momentum ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $32,634,000. Stifel Financial Corp grew its position in shares of Invesco S&P MidCap Momentum ETF by 17.4% in the 4th quarter. Stifel Financial Corp now owns 201,919 shares of the company’s stock valued at $18,138,000 after buying an additional 29,870 shares during the last quarter. Osaic Holdings Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 25.7% during the 1st quarter. Osaic Holdings Inc. now owns 199,563 shares of the company’s stock worth $22,931,000 after acquiring an additional 40,798 shares in the last quarter. Foundations Investment Advisors LLC lifted its position in Invesco S&P MidCap Momentum ETF by 422.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 141,792 shares of the company’s stock valued at $13,567,000 after acquiring an additional 114,627 shares during the last quarter. Finally, Win Advisors Inc. acquired a new position in Invesco S&P MidCap Momentum ETF in the first quarter valued at $15,314,000.

Invesco S&P MidCap Momentum ETF Stock Up 0.1 %

XMMO stock traded up $0.17 on Tuesday, reaching $118.14. 248,684 shares of the company’s stock were exchanged, compared to its average volume of 326,192. Invesco S&P MidCap Momentum ETF has a twelve month low of $74.39 and a twelve month high of $120.76. The stock has a fifty day moving average of $114.71 and a 200-day moving average of $109.71. The firm has a market cap of $2.31 billion, a PE 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.