Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as $132.49 and last traded at $132.43, with a volume of 420050 shares. The stock had previously closed at $130.00.
Invesco S&P MidCap Momentum ETF Stock Up 1.7 %
The stock has a market cap of $2.59 billion, a PE ratio of 19.24 and a beta of 1.12. The stock has a fifty day moving average of $122.97 and a 200-day moving average of $117.70.
Institutional Investors Weigh In On Invesco S&P MidCap Momentum ETF
Hedge funds have recently modified their holdings of the stock. Arete Wealth Advisors LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 13.9% during the third quarter. Arete Wealth Advisors LLC now owns 5,367 shares of the company’s stock worth $643,000 after acquiring an additional 655 shares during the period. Valued Retirements Inc. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at approximately $1,209,000. Y Intercept Hong Kong Ltd acquired a new position in Invesco S&P MidCap Momentum ETF during the third quarter worth $771,000. MML Investors Services LLC raised its position in Invesco S&P MidCap Momentum ETF by 24.3% in the third quarter. MML Investors Services LLC now owns 164,742 shares of the company’s stock worth $19,823,000 after acquiring an additional 32,173 shares in the last quarter. Finally, Orion Portfolio Solutions LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 56.2% in the third quarter. Orion Portfolio Solutions LLC now owns 3,359 shares of the company’s stock valued at $404,000 after acquiring an additional 1,209 shares during the period.
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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