RFG Advisory LLC cut its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 66.1% in the second quarter, HoldingsChannel reports. The firm owned 14,465 shares of the company’s stock after selling 28,237 shares during the period. RFG Advisory LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,461,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of XMMO. Capstone Wealth Management Group LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 148.4% during the 1st quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock worth $3,211,000 after acquiring an additional 16,865 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 17.4% during the 1st quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock valued at $1,460,000 after acquiring an additional 1,905 shares during the last quarter. Cerity Partners LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at approximately $3,587,000. Raymond James Financial Inc. raised its stake in shares of Invesco S&P MidCap Momentum ETF by 5.0% in the 2nd quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock valued at $85,895,000 after acquiring an additional 31,948 shares in the last quarter. Finally, Jupiter Wealth Management LLC acquired a new stake in Invesco S&P MidCap Momentum ETF in the 2nd quarter worth approximately $2,120,000.
Invesco S&P MidCap Momentum ETF Trading Down 1.9%
NYSEARCA:XMMO opened at $150.83 on Friday. Invesco S&P MidCap Momentum ETF has a 1 year low of $129.31 and a 1 year high of $173.94. The firm’s fifty day simple moving average is $158.17 and its 200 day simple moving average is $158.19. The firm has a market capitalization of $7.01 billion, a PE ratio of 22.06 and a beta of 1.09.
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.
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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).
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