Invesco S&P MidCap Momentum ETF $XMMO Position Increased by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 97.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,846 shares of the company’s stock after purchasing an additional 5,841 shares during the period. Capstone Wealth Management Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,640,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF by 17.4% during the 1st quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock worth $1,460,000 after purchasing an additional 1,905 shares in the last quarter. Cerity Partners LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at approximately $3,587,000. Raymond James Financial Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 5.0% in the 2nd quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock valued at $85,895,000 after buying an additional 31,948 shares in the last quarter. Jupiter Wealth Management LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at approximately $2,120,000. Finally, Bank of America Corp DE increased its holdings in Invesco S&P MidCap Momentum ETF by 7.6% in the second quarter. Bank of America Corp DE now owns 597,656 shares of the company’s stock worth $76,877,000 after buying an additional 42,015 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $171.83 on Monday. The company has a market capitalization of $7.26 billion, a P/E ratio of 22.06 and a beta of 1.08. The stock’s 50 day moving average price is $163.92 and its 200 day moving average price is $150.75. Invesco S&P MidCap Momentum ETF has a 52 week low of $123.58 and a 52 week high of $173.24.

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.