Commonwealth Equity Services LLC Grows Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Commonwealth Equity Services LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 14.2% in the third quarter, HoldingsChannel reports. The fund owned 351,353 shares of the company’s stock after acquiring an additional 43,620 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $47,513,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. World Investment Advisors increased its stake in shares of Invesco S&P MidCap Momentum ETF by 1.7% during the second quarter. World Investment Advisors now owns 4,627 shares of the company’s stock valued at $595,000 after purchasing an additional 79 shares in the last quarter. Good Life Advisors LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 4.7% in the 2nd quarter. Good Life Advisors LLC now owns 2,324 shares of the company’s stock worth $299,000 after buying an additional 105 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in Invesco S&P MidCap Momentum ETF by 24.5% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 671 shares of the company’s stock valued at $87,000 after buying an additional 132 shares in the last quarter. Crescent Sterling Ltd. increased its position in Invesco S&P MidCap Momentum ETF by 6.6% during the 2nd quarter. Crescent Sterling Ltd. now owns 2,136 shares of the company’s stock valued at $275,000 after buying an additional 132 shares in the last quarter. Finally, Founders Financial Securities LLC raised its stake in Invesco S&P MidCap Momentum ETF by 1.1% during the third quarter. Founders Financial Securities LLC now owns 12,292 shares of the company’s stock valued at $1,662,000 after buying an additional 137 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 1.4%

NYSEARCA XMMO opened at $143.01 on Wednesday. Invesco S&P MidCap Momentum ETF has a 12 month low of $97.50 and a 12 month high of $143.18. The stock’s fifty day moving average price is $137.64 and its 200-day moving average price is $134.10. The stock has a market cap of $5.27 billion, a P/E ratio of 22.06 and a beta of 1.05.

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.