RFG Advisory LLC Buys 13,123 Shares of Invesco S&P MidCap Momentum ETF $XMMO

RFG Advisory LLC increased its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 44.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 42,702 shares of the company’s stock after purchasing an additional 13,123 shares during the period. RFG Advisory LLC owned approximately 0.10% of Invesco S&P MidCap Momentum ETF worth $6,193,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Optima Capital LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth $26,000. Realta Investment Advisors bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth $28,000. AlphaCore Capital LLC bought a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth $34,000. Finally, Park Square Financial Group LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $36,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA XMMO opened at $168.96 on Thursday. The company has a market capitalization of $7.14 billion, a P/E ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a 52-week low of $125.70 and a 52-week high of $173.94. The company’s 50 day moving average price is $164.83 and its 200-day moving average price is $151.46.

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.