Great Valley Advisor Group Inc. Has $55.28 Million Position in Invesco S&P MidCap Momentum ETF $XMMO

Great Valley Advisor Group Inc. increased its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 89.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 399,276 shares of the company’s stock after acquiring an additional 188,111 shares during the quarter. Invesco S&P MidCap Momentum ETF comprises 1.1% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 16th biggest holding. Great Valley Advisor Group Inc. owned 1.07% of Invesco S&P MidCap Momentum ETF worth $55,284,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in XMMO. LPL Financial LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 11.4% during the 4th quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock worth $480,826,000 after acquiring an additional 355,614 shares during the last quarter. Advance Capital Management Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $27,363,000. HighTower Advisors LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 353.6% during the 4th quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock worth $34,847,000 after acquiring an additional 196,188 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 20.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock worth $115,094,000 after acquiring an additional 143,657 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 1,552.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 122,216 shares of the company’s stock valued at $16,922,000 after purchasing an additional 114,822 shares during the period.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO opened at $168.06 on Friday. The business has a fifty day simple moving average of $161.27 and a 200 day simple moving average of $149.34. The company has a market capitalization of $7.10 billion, a PE ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a 1 year low of $123.44 and a 1 year high of $172.23.

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.