Focus Financial Network Inc. lowered its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 122,764 shares of the company’s stock after selling 1,221 shares during the period. Focus Financial Network Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $15,165,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of XMMO. Howe & Rusling Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $30,000. NBC Securities Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 83.7% during the 3rd quarter. NBC Securities Inc. now owns 461 shares of the company’s stock valued at $55,000 after acquiring an additional 210 shares during the period. Richardson Financial Services Inc. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth $70,000. Investors Research Corp raised its stake in Invesco S&P MidCap Momentum ETF by 127.2% in 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, Realta Investment Advisors bought a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $138,000.
Invesco S&P MidCap Momentum ETF Trading Down 0.1 %
Shares of NYSEARCA:XMMO opened at $129.69 on Tuesday. The firm has a 50 day moving average of $128.69 and a 200-day moving average of $123.66. Invesco S&P MidCap Momentum ETF has a 12 month low of $98.61 and a 12 month high of $137.14. The stock 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.
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