Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Stock Position Lifted by Certified Advisory Corp

Certified Advisory Corp raised its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 17.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,098 shares of the company’s stock after acquiring an additional 2,145 shares during the quarter. Certified Advisory Corp owned about 0.07% of Invesco S&P MidCap Momentum ETF worth $1,696,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth $26,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth $26,000. Concourse Financial Group Securities Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 114.2% in the second quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock worth $28,000 after buying an additional 129 shares during the last quarter. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth $30,000. Finally, Pineridge Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the first quarter worth $34,000.

Invesco S&P MidCap Momentum ETF Trading Up 1.6 %

Shares of XMMO stock opened at $134.32 on Friday. Invesco S&P MidCap Momentum ETF has a 1 year low of $82.25 and a 1 year high of $134.44. The firm’s fifty day simple moving average is $123.68 and its 200 day simple moving average is $117.94. The firm has a market capitalization of $2.63 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.