Nottingham Advisors Inc. Buys Shares of 1,660 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Nottingham Advisors Inc. bought a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,660 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds have also modified their holdings of XMMO. Hazlett Burt & Watson Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth about $47,000. Synergy Investment Management LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $49,000. Transcendent Capital Group LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 2,689.5% during the fourth quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock worth $65,000 after purchasing an additional 511 shares during the period. Richardson Financial Services Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $70,000. Finally, First Command Advisory Services Inc. increased its stake in Invesco S&P MidCap Momentum ETF by 30.0% in the 4th quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock valued at $81,000 after buying an additional 152 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Up 1.6 %

Shares of NYSEARCA:XMMO opened at $116.90 on Thursday. The firm has a fifty day moving average of $121.98 and a two-hundred day moving average of $124.67. Invesco S&P MidCap Momentum ETF has a 12-month low of $105.77 and a 12-month high of $137.14. The firm has a market capitalization of $3.56 billion, a P/E ratio of 16.68 and a beta of 1.04.

Invesco S&P MidCap Momentum ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.3006 per share. This is a boost from Invesco S&P MidCap Momentum ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 24th.

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.