Dala Group LLC Purchases Shares of 104,230 Invesco S&P MidCap Momentum ETF $XMMO

Dala Group LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 104,230 shares of the company’s stock, valued at approximately $15,112,000. Invesco S&P MidCap Momentum ETF makes up approximately 12.6% of Dala Group LLC’s investment portfolio, making the stock its biggest position. Dala Group LLC owned approximately 0.25% of Invesco S&P MidCap Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of XMMO. Elevation Capital Advisory LLC raised its stake in Invesco S&P MidCap Momentum ETF by 162.7% during the 4th quarter. Elevation Capital Advisory LLC now owns 29,671 shares of the company’s stock worth $4,108,000 after acquiring an additional 18,378 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 120.6% in the fourth quarter. Farther Finance Advisors LLC now owns 34,147 shares of the company’s stock valued at $4,728,000 after acquiring an additional 18,669 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 67.7% during the fourth quarter. Sound Income Strategies LLC now owns 66,916 shares of the company’s stock worth $9,580,000 after purchasing an additional 27,024 shares during the last quarter. Belpointe Asset Management LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 41.2% during the fourth quarter. Belpointe Asset Management LLC now owns 20,891 shares of the company’s stock worth $2,893,000 after purchasing an additional 6,098 shares during the last quarter. Finally, Cannon Wealth Management Services LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 275.0% during the fourth quarter. Cannon Wealth Management Services LLC now owns 7,257 shares of the company’s stock worth $1,005,000 after purchasing an additional 5,322 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

XMMO opened at $154.29 on Friday. Invesco S&P MidCap Momentum ETF has a one year low of $126.64 and a one year high of $173.94. The stock has a market capitalization of $7.14 billion, a P/E ratio of 22.06 and a beta of 1.08. The business’s 50-day simple moving average is $164.54 and its 200-day simple moving average is $155.32.

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.