Invesco S&P MidCap Momentum ETF $XMMO Shares Purchased by Sovran Advisors LLC

Sovran Advisors LLC raised its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 55.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,678 shares of the company’s stock after acquiring an additional 6,288 shares during the period. Sovran Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Clear Creek Financial Management LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 65.3% in the 3rd quarter. Clear Creek Financial Management LLC now owns 10,574 shares of the company’s stock valued at $1,430,000 after purchasing an additional 4,178 shares during the period. American Trust acquired a new position in Invesco S&P MidCap Momentum ETF during the second quarter worth approximately $1,062,000. B. Riley Wealth Advisors Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the second quarter worth approximately $5,357,000. Fifth Third Securities Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 12.3% in the third quarter. Fifth Third Securities Inc. now owns 91,761 shares of the company’s stock valued at $12,409,000 after buying an additional 10,049 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 205.9% in the third quarter. Farther Finance Advisors LLC now owns 15,478 shares of the company’s stock valued at $2,093,000 after buying an additional 10,419 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

XMMO stock opened at $147.61 on Friday. The company has a market capitalization of $5.93 billion, a P/E ratio of 22.06 and a beta of 1.05. The business has a 50 day simple moving average of $145.65 and a 200-day simple moving average of $140.33. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $152.42.

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.