Invesco S&P MidCap Momentum ETF $XMMO Shares Newly Purchased by Convergence Financial LLC

Convergence Financial LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,819 shares of the company’s stock, valued at approximately $1,441,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Paller Financial Services Inc lifted its position in shares of Invesco S&P MidCap Momentum ETF by 0.3% in the second quarter. Paller Financial Services Inc now owns 24,545 shares of the company’s stock worth $4,176,000 after buying an additional 74 shares during the last quarter. Pacific Sun Financial Corp increased its position in Invesco S&P MidCap Momentum ETF by 1.6% in the 1st quarter. Pacific Sun Financial Corp now owns 5,163 shares of the company’s stock valued at $749,000 after acquiring an additional 80 shares in the last quarter. Whipplewood Advisors LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 3.0% during the first quarter. Whipplewood Advisors LLC now owns 3,601 shares of the company’s stock valued at $522,000 after purchasing an additional 104 shares during the last quarter. Capital Square LLC lifted its position in Invesco S&P MidCap Momentum ETF by 3.9% during the 3rd quarter. Capital Square LLC now owns 2,781 shares of the company’s stock valued at $408,000 after purchasing an additional 104 shares during the period. Finally, GPM Growth Investors Inc. grew its holdings in Invesco S&P MidCap Momentum ETF by 1.1% during the 1st quarter. GPM Growth Investors Inc. now owns 9,694 shares of the company’s stock worth $1,406,000 after acquiring an additional 107 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 0.5%

Invesco S&P MidCap Momentum ETF stock opened at $139.12 on Thursday. The firm has a market capitalization of $6.75 billion, a P/E ratio of 22.06 and a beta of 1.10. The business has a 50-day moving average of $148.25 and a 200-day moving average of $153.84. Invesco S&P MidCap Momentum ETF has a 1 year low of $129.31 and a 1 year high of $173.94.

Invesco S&P MidCap Momentum ETF Company 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.