Dynamic Advisor Solutions LLC Boosts Stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Dynamic Advisor Solutions LLC raised its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 3.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,559 shares of the company’s stock after purchasing an additional 167 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $563,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Sanctuary Advisors LLC acquired a new stake in Invesco S&P MidCap Momentum ETF in the third quarter valued at $318,000. JPMorgan Chase & Co. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 4,307.7% during the third quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock worth $7,181,000 after purchasing an additional 58,326 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Invesco S&P MidCap Momentum ETF by 5.5% in the third quarter. Janney Montgomery Scott LLC now owns 13,008 shares of the company’s stock worth $1,565,000 after purchasing an additional 673 shares in the last quarter. Creative Planning increased its holdings in Invesco S&P MidCap Momentum ETF by 7.4% in the second quarter. Creative Planning now owns 8,077 shares of the company’s stock valued at $921,000 after buying an additional 559 shares during the last quarter. Finally, Brookstone Capital Management raised its stake in Invesco S&P MidCap Momentum ETF by 21.1% during the fourth quarter. Brookstone Capital Management now owns 2,745 shares of the company’s stock valued at $339,000 after buying an additional 479 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 2.6 %

Shares of XMMO opened at $128.95 on Tuesday. Invesco S&P MidCap Momentum ETF has a 52 week low of $92.76 and a 52 week high of $137.14. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The stock has a 50 day moving average of $129.26 and a 200-day moving average of $122.72.

Invesco S&P MidCap Momentum ETF Company 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.