Invesco S&P MidCap Momentum ETF $XMMO Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC decreased its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 44.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,563 shares of the company’s stock after selling 36,862 shares during the period. Integrated Wealth Concepts LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $7,922,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the first quarter worth approximately $916,000. Monetary Solutions Ltd purchased a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth $2,068,000. Pacific Sun Financial Corp purchased a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth $704,000. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P MidCap Momentum ETF by 9.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 927,629 shares of the company’s stock valued at $128,440,000 after purchasing an additional 76,532 shares during the period. Finally, Kovack Advisors Inc. raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 6.1% in the fourth quarter. Kovack Advisors Inc. now owns 62,045 shares of the company’s stock valued at $8,259,000 after buying an additional 3,589 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 1.9%

NYSEARCA XMMO opened at $150.83 on Friday. Invesco S&P MidCap Momentum ETF has a 52-week low of $129.31 and a 52-week high of $173.94. The business’s 50-day moving average price is $158.17 and its 200 day moving average price is $158.19. The firm has a market cap of $7.01 billion, a P/E ratio of 22.06 and a beta of 1.09.

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.