Ferguson Shapiro LLC Makes New $546,000 Investment in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Ferguson Shapiro LLC acquired a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,416 shares of the company’s stock, valued at approximately $546,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at approximately $318,000. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 4,307.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock valued at $7,181,000 after purchasing an additional 58,326 shares during the period. Mutual Advisors LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 17.5% in the 4th quarter. Mutual Advisors LLC now owns 2,598 shares of the company’s stock valued at $335,000 after purchasing an additional 386 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 5.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 13,008 shares of the company’s stock valued at $1,565,000 after purchasing an additional 673 shares during the period. Finally, Creative Planning raised its stake in Invesco S&P MidCap Momentum ETF by 7.4% during 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.

Invesco S&P MidCap Momentum ETF Trading Up 0.1 %

Shares of NYSEARCA:XMMO opened at $129.87 on Thursday. The stock has a fifty day simple moving average of $129.29 and a two-hundred day simple moving average of $122.90. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 12-month low of $93.23 and a 12-month high of $137.14.

About Invesco S&P MidCap Momentum ETF

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.