Arizona PSPRS Trust Purchases Shares of 28,212 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Arizona PSPRS Trust bought a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,212 shares of the company’s stock, valued at approximately $3,395,000. Invesco S&P MidCap Momentum ETF comprises approximately 0.1% of Arizona PSPRS Trust’s investment portfolio, making the stock its 14th biggest position. Arizona PSPRS Trust owned approximately 0.14% of Invesco S&P MidCap Momentum ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Park Avenue Securities LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 2.6% during the 3rd quarter. Park Avenue Securities LLC now owns 4,111 shares of the company’s stock worth $495,000 after acquiring an additional 103 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 2.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 4,531 shares of the company’s stock worth $516,000 after acquiring an additional 110 shares during the last quarter. Atria Investments Inc grew its stake in shares of Invesco S&P MidCap Momentum ETF by 0.9% during the third quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock worth $1,578,000 after buying an additional 122 shares during the last quarter. Prime Capital Investment Advisors LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 0.4% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 35,537 shares of the company’s stock worth $4,276,000 after purchasing an additional 126 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. raised its holdings in Invesco S&P MidCap Momentum ETF by 114.2% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock valued at $28,000 after buying an additional 129 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 0.4 %

Shares of XMMO opened at $135.33 on Monday. The stock has a market capitalization of $2.65 billion, a P/E ratio of 19.24 and a beta of 1.12. The firm’s fifty day simple moving average is $125.33 and its two-hundred day simple moving average is $118.69. Invesco S&P MidCap Momentum ETF has a 12 month low of $82.25 and a 12 month high of $137.14.

Invesco S&P MidCap Momentum ETF 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.