Bay Colony Advisory Group Inc d b a Bay Colony Advisors Purchases New Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,603 shares of the company’s stock, valued at approximately $445,000.

Other large investors have also added to or reduced their stakes in the company. Howe & Rusling Inc. bought a new stake in Invesco S&P MidCap Momentum ETF in the 3rd quarter worth approximately $30,000. Synergy Investment Management LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $49,000. Transcendent Capital Group LLC grew its position in Invesco S&P MidCap Momentum ETF by 2,689.5% in the 4th quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock worth $65,000 after purchasing an additional 511 shares during the period. Richardson Financial Services Inc. bought a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $70,000. Finally, First Command Advisory Services Inc. grew its position in Invesco S&P MidCap Momentum ETF by 30.0% in the 4th quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock worth $81,000 after purchasing an additional 152 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 0.5 %

NYSEARCA:XMMO opened at $115.78 on Friday. Invesco S&P MidCap Momentum ETF has a 12 month low of $105.77 and a 12 month high of $137.14. The company has a market cap of $3.61 billion, a PE ratio of 19.06 and a beta of 1.03. The company has a 50 day simple moving average of $126.23 and a two-hundred day simple moving average of $124.71.

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.