Riggs Asset Managment Co. Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,834 shares of the company’s stock, valued at approximately $351,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the second quarter valued at approximately $1,246,000. Creative Planning increased its stake in shares of Invesco S&P MidCap Momentum ETF by 7.4% in the 2nd quarter. Creative Planning now owns 8,077 shares of the company’s stock valued at $921,000 after acquiring an additional 559 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at $607,000. Newbridge Financial Services Group Inc. bought a new position in Invesco S&P MidCap Momentum ETF during the second quarter worth $26,000. Finally, Park Avenue Securities LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 2.6% in the third quarter. Park Avenue Securities LLC now owns 4,111 shares of the company’s stock worth $495,000 after purchasing an additional 103 shares during the period.
Invesco S&P MidCap Momentum ETF Trading Down 0.8 %
Shares of NYSEARCA XMMO opened at $130.63 on Friday. The firm has a market capitalization of $2.56 billion, a P/E ratio of 19.24 and a beta of 1.12. The firm’s 50-day moving average price is $129.20 and its 200-day moving average price is $123.12. Invesco S&P MidCap Momentum ETF has a 1-year low of $93.23 and a 1-year high of $137.14.
Invesco S&P MidCap Momentum ETF 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.
Recommended Stories
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- The Risks of Owning Bonds
- 3 Stocks to Gain From Trump’s Return-to-Office Mandate
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Crane Stock Soars, But the Best Could Be Yet to Come: Here’s Why
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
