Citigroup Inc. Boosts Stock Position in Invesco S&P MidCap Momentum ETF $XMMO

Citigroup Inc. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 152,542 shares of the company’s stock after buying an additional 6,606 shares during the period. Citigroup Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $20,628,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. First Financial Corp IN purchased a new stake in Invesco S&P MidCap Momentum ETF in the 3rd quarter worth $25,000. Golden State Wealth Management LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the second quarter worth about $28,000. GoalVest Advisory LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the third quarter worth about $29,000. Greykasell Wealth Strategies Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter worth about $43,000. Finally, Beacon Capital Management Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $50,000.

Invesco S&P MidCap Momentum ETF Trading Up 0.5%

NYSEARCA:XMMO opened at $150.71 on Friday. The stock has a 50 day moving average of $143.30 and a two-hundred day moving average of $137.78. Invesco S&P MidCap Momentum ETF has a 12 month low of $97.50 and a 12 month high of $151.01. The firm has a market cap of $5.61 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.