Invesco S&P MidCap Momentum ETF $XMMO Stock Holdings Lowered by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lessened its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 45.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 6,407 shares of the company’s stock after selling 5,330 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $940,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vantagepoint Investment Advisers LLC purchased a new stake in Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at about $115,464,000. Envestnet Asset Management Inc. increased its position in shares of Invesco S&P MidCap Momentum ETF by 22.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,295,928 shares of the company’s stock worth $220,489,000 after acquiring an additional 234,003 shares during the period. Royal Bank of Canada increased its position in shares of Invesco S&P MidCap Momentum ETF by 45.9% during the first quarter. Royal Bank of Canada now owns 372,930 shares of the company’s stock worth $54,082,000 after acquiring an additional 117,316 shares during the period. Cetera Investment Advisers raised its stake in shares of Invesco S&P MidCap Momentum ETF by 9.2% during the first quarter. Cetera Investment Advisers now owns 1,367,490 shares of the company’s stock valued at $198,313,000 after acquiring an additional 115,655 shares in the last quarter. Finally, Dala Group LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the first quarter valued at approximately $15,112,000.

Invesco S&P MidCap Momentum ETF Stock Up 2.7%

NYSEARCA:XMMO traded up $3.41 during midday trading on Friday, hitting $129.57. The stock had a trading volume of 591,087 shares, compared to its average volume of 365,608. Invesco S&P MidCap Momentum ETF has a one year low of $126.03 and a one year high of $173.94. The company has a market capitalization of $6.21 billion, a price-to-earnings ratio of 22.06 and a beta of 1.11. The stock has a 50-day moving average of $145.05 and a 200 day moving average of $153.55.

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.