MFA Wealth Services Acquires New Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

MFA Wealth Services bought a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 4th quarter, Holdings Channel.com reports. The fund bought 10,345 shares of the company’s stock, valued at approximately $1,278,000. Invesco S&P MidCap Momentum ETF comprises approximately 1.0% of MFA Wealth Services’ investment portfolio, making the stock its 23rd biggest holding.

Several other hedge funds also recently modified their holdings of the business. Sanctuary Advisors LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the third quarter worth $318,000. JPMorgan Chase & Co. raised 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 acquiring an additional 58,326 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in 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 worth $1,565,000 after purchasing an additional 673 shares during the last quarter. Creative Planning raised its position in shares of Invesco S&P MidCap Momentum ETF by 7.4% in the second quarter. Creative Planning now owns 8,077 shares of the company’s stock valued at $921,000 after purchasing an additional 559 shares during the period. Finally, Brookstone Capital Management lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 21.1% in the fourth quarter. Brookstone Capital Management now owns 2,745 shares of the company’s stock worth $339,000 after buying an additional 479 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 0.3 %

NYSEARCA XMMO opened at $132.59 on Friday. The company has a market cap of $2.59 billion, a P/E ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1 year low of $92.01 and a 1 year high of $137.14. The company has a fifty day simple moving average of $129.09 and a 200 day simple moving average of $122.38.

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.