Ameritas Advisory Services LLC Has $701,000 Stake in Invesco S&P MidCap Momentum ETF $XMMO

Ameritas Advisory Services LLC lowered its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 87.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,183 shares of the company’s stock after selling 35,397 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $701,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Assetmark Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 190.3% in the 3rd quarter. Assetmark Inc. now owns 421 shares of the company’s stock valued at $57,000 after purchasing an additional 276 shares during the last quarter. Savvy Advisors Inc. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 6.3% during the third quarter. Savvy Advisors Inc. now owns 15,746 shares of the company’s stock worth $2,129,000 after buying an additional 932 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 5.2% during the third quarter. Stratos Wealth Partners LTD. now owns 21,308 shares of the company’s stock worth $2,882,000 after buying an additional 1,056 shares in the last quarter. Stratos Wealth Advisors LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 0.6% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 33,810 shares of the company’s stock valued at $4,572,000 after acquiring an additional 200 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 10.7% during the 3rd quarter. Prospera Financial Services Inc now owns 32,076 shares of the company’s stock valued at $4,340,000 after acquiring an additional 3,112 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 0.9%

Shares of XMMO stock opened at $146.20 on Friday. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $148.37. The stock’s fifty day simple moving average is $141.61 and its 200 day simple moving average is $136.68. The firm has a market capitalization of $5.45 billion, a P/E ratio of 22.06 and a beta of 1.05.

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.