Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Holdings Raised by Spectrum Wealth Advisory Group LLC

Spectrum Wealth Advisory Group LLC grew its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 0.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,779 shares of the company’s stock after purchasing an additional 217 shares during the period. Invesco S&P MidCap Momentum ETF comprises about 1.7% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its 16th largest position. Spectrum Wealth Advisory Group LLC owned approximately 0.13% of Invesco S&P MidCap Momentum ETF worth $2,982,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in XMMO. Osaic Holdings Inc. increased its holdings 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 valued at $22,931,000 after purchasing an additional 40,798 shares in the last quarter. Commonwealth Financial Services LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 5.2% in the first quarter. Commonwealth Financial Services LLC now owns 9,549 shares of the company’s stock valued at $1,097,000 after buying an additional 470 shares during the period. BOKF NA acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the first quarter worth $65,000. Oxford Wealth Group LLC bought a new position in Invesco S&P MidCap Momentum ETF during the 1st quarter worth $18,376,000. Finally, Coppell Advisory Solutions Corp. bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 1st quarter worth about $1,775,000.

Invesco S&P MidCap Momentum ETF Stock Performance

XMMO stock opened at $127.90 on Monday. The company has a market capitalization of $2.50 billion, a P/E ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 52-week low of $81.53 and a 52-week high of $132.39. The business has a 50-day simple moving average of $121.97 and a two-hundred day simple moving average of $117.37.

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.