New Century Financial Group LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 8,412 shares of the company’s stock, valued at approximately $1,060,000.
A number of other hedge funds have also modified their holdings of XMMO. Newbridge Financial Services Group Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at $26,000. Howe & Rusling Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 3rd quarter worth $30,000. NBC Securities Inc. increased its stake in Invesco S&P MidCap Momentum ETF by 83.7% in the 3rd quarter. NBC Securities Inc. now owns 461 shares of the company’s stock worth $55,000 after buying an additional 210 shares in the last quarter. Investors Research Corp raised its holdings in Invesco S&P MidCap Momentum ETF by 127.2% during the third quarter. Investors Research Corp now owns 718 shares of the company’s stock valued at $86,000 after acquiring an additional 402 shares during the period. Finally, Lion Street Advisors LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the third quarter valued at about $200,000.
Invesco S&P MidCap Momentum ETF Stock Down 0.3 %
NYSEARCA XMMO opened at $132.59 on Friday. Invesco S&P MidCap Momentum ETF has a twelve month low of $92.01 and a twelve month high of $137.14. The business has a 50-day moving average price of $129.09 and a 200-day moving average price of $122.38. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12.
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.
See Also
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- Buy P&G Now, Before It Sets A New All-Time High
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- How Technical Indicators Can Help You Find Oversold StocksÂ
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- Energy and Oil Stocks Explained
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
