Invesco S&P MidCap Momentum ETF $XMMO Shares Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC boosted its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 1,552.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,216 shares of the company’s stock after buying an additional 114,822 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $16,922,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in XMMO. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the 3rd quarter worth $161,994,000. Advance Capital Management Inc. acquired a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth $27,363,000. HighTower Advisors LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 353.6% in the 4th quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock worth $34,847,000 after buying an additional 196,188 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco S&P MidCap Momentum ETF by 20.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock worth $115,094,000 after buying an additional 143,657 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in Invesco S&P MidCap Momentum ETF by 36.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 357,700 shares of the company’s stock worth $48,153,000 after buying an additional 96,163 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO stock opened at $164.80 on Friday. Invesco S&P MidCap Momentum ETF has a 12 month low of $120.83 and a 12 month high of $170.16. The firm has a market capitalization of $6.96 billion, a P/E ratio of 22.06 and a beta of 1.09. The company’s fifty day moving average price is $154.85 and its two-hundred day moving average price is $146.02.

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.