Valued Retirements Inc. Buys Shares of 10,047 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Valued Retirements Inc. purchased a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,047 shares of the company’s stock, valued at approximately $1,209,000. Invesco S&P MidCap Momentum ETF comprises approximately 1.7% of Valued Retirements Inc.’s portfolio, making the stock its 13th largest position. Valued Retirements Inc. owned 0.05% of Invesco S&P MidCap Momentum ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its stake in 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 purchasing an additional 282,112 shares during the last quarter. MinichMacGregor Wealth Management LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $9,204,000. Foundations Investment Advisors LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 34.7% in the 2nd quarter. Foundations Investment Advisors LLC now owns 215,906 shares of the company’s stock valued at $24,611,000 after acquiring an additional 55,650 shares during the last quarter. CWM LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 116.5% in the 3rd quarter. CWM LLC now owns 103,024 shares of the company’s stock worth $12,397,000 after purchasing an additional 55,443 shares in the last quarter. Finally, Fiduciary Planning LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter worth approximately $4,912,000.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO stock opened at $131.79 on Tuesday. Invesco S&P MidCap Momentum ETF has a 1 year low of $85.13 and a 1 year high of $137.14. The firm has a market capitalization of $2.58 billion, a PE ratio of 19.24 and a beta of 1.12. The business has a 50 day simple moving average of $127.00 and a 200-day simple moving average of $119.48.

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.