Everest Financial Group LLC Buys 40,206 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Everest Financial Group LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 337.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 52,135 shares of the company’s stock after buying an additional 40,206 shares during the quarter. Invesco S&P MidCap Momentum ETF makes up 0.9% of Everest Financial Group LLC’s holdings, making the stock its 28th biggest holding. Everest Financial Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $7,651,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Nikulski Financial Inc. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 17.8% during the third quarter. Nikulski Financial Inc. now owns 36,229 shares of the company’s stock worth $5,317,000 after buying an additional 5,465 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 9.0% during the 3rd quarter. Fifth Third Bancorp now owns 18,679 shares of the company’s stock valued at $2,741,000 after acquiring an additional 1,536 shares in the last quarter. Silver Grove Financial Group Inc. grew its position in Invesco S&P MidCap Momentum ETF by 98.9% during the 3rd quarter. Silver Grove Financial Group Inc. now owns 4,568 shares of the company’s stock worth $670,000 after acquiring an additional 2,271 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in Invesco S&P MidCap Momentum ETF by 87.7% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 3,240 shares of the company’s stock worth $475,000 after acquiring an additional 1,514 shares during the last quarter. Finally, Csenge Advisory Group grew its position in Invesco S&P MidCap Momentum ETF by 8.7% during the 3rd quarter. Csenge Advisory Group now owns 6,580 shares of the company’s stock worth $966,000 after acquiring an additional 525 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 0.9%

Shares of XMMO opened at $136.85 on Friday. Invesco S&P MidCap Momentum ETF has a 12-month low of $126.03 and a 12-month high of $173.94. The business has a 50-day simple moving average of $143.79 and a two-hundred day simple moving average of $153.43. The stock has a market cap of $6.42 billion, a PE ratio of 20.01 and a beta of 1.11.

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.