Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) is Money Concepts Capital Corp’s 3rd Largest Position

Money Concepts Capital Corp raised its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 24.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 436,572 shares of the company’s stock after buying an additional 86,162 shares during the period. Invesco S&P MidCap Momentum ETF comprises 4.0% of Money Concepts Capital Corp’s investment portfolio, making the stock its 3rd largest position. Money Concepts Capital Corp owned 2.23% of Invesco S&P MidCap Momentum ETF worth $53,930,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in XMMO. Howe & Rusling Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth about $30,000. NBC Securities Inc. lifted its holdings in Invesco S&P MidCap Momentum ETF by 83.7% in the third quarter. NBC Securities Inc. now owns 461 shares of the company’s stock worth $55,000 after acquiring an additional 210 shares during the last quarter. Richardson Financial Services Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth approximately $70,000. Investors Research Corp raised its stake in shares of 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 purchasing an additional 402 shares in the last quarter. Finally, Lion Street Advisors LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the third quarter valued at approximately $200,000.

Invesco S&P MidCap Momentum ETF Stock Performance

XMMO opened at $129.95 on Wednesday. The stock’s fifty day moving average is $128.94 and its 200-day moving average is $123.37. Invesco S&P MidCap Momentum ETF has a one year low of $95.80 and a one year high of $137.14. The company has a market capitalization of $2.54 billion, a PE 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.