Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Stake Boosted by Aspire Wealth Management Corp

Aspire Wealth Management Corp boosted its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 1.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 105,435 shares of the company’s stock after acquiring an additional 1,230 shares during the period. Invesco S&P MidCap Momentum ETF accounts for 6.8% of Aspire Wealth Management Corp’s investment portfolio, making the stock its biggest position. Aspire Wealth Management Corp owned approximately 0.54% of Invesco S&P MidCap Momentum ETF worth $12,687,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of XMMO. Oxford Wealth Group LLC purchased a new stake in Invesco S&P MidCap Momentum ETF in the first quarter worth about $18,376,000. Cetera Investment Advisers raised its stake in Invesco S&P MidCap Momentum ETF by 842.6% during the first quarter. Cetera Investment Advisers now owns 150,228 shares of the company’s stock valued at $17,255,000 after buying an additional 134,291 shares during the last quarter. Orion Portfolio Solutions LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the first quarter worth $15,174,000. Great Valley Advisor Group Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 133.4% in the second quarter. Great Valley Advisor Group Inc. now owns 180,213 shares of the company’s stock worth $20,542,000 after acquiring an additional 102,989 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF during the second quarter valued at $9,204,000.

Invesco S&P MidCap Momentum ETF Trading Up 0.1 %

XMMO stock traded up $0.13 during midday trading on Friday, hitting $129.90. The company’s stock had a trading volume of 33,071 shares, compared to its average volume of 314,264. The company has a market cap of $2.54 billion, a PE ratio of 19.24 and a beta of 1.12. The firm’s 50-day moving average is $119.85 and its 200-day moving average is $116.31. Invesco S&P MidCap Momentum ETF has a 12 month low of $78.74 and a 12 month high of $130.39.

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.