Advance Capital Management Inc. Sells 10,370 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Advance Capital Management Inc. decreased its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 5.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 187,256 shares of the company’s stock after selling 10,370 shares during the period. Invesco S&P MidCap Momentum ETF comprises 1.0% of Advance Capital Management Inc.’s holdings, making the stock its 12th biggest position. Advance Capital Management Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $27,156,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC grew its position 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 purchasing an additional 355,614 shares in the last quarter. HighTower Advisors LLC boosted its position in Invesco S&P MidCap Momentum ETF by 353.6% in the fourth quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock valued at $34,847,000 after buying an additional 196,188 shares in the last quarter. Great Valley Advisor Group Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 89.1% in the fourth quarter. Great Valley Advisor Group Inc. now owns 399,276 shares of the company’s stock valued at $55,284,000 after buying an additional 188,111 shares in the last quarter. OLD National Bancorp IN bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the first quarter worth $26,365,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 20.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock worth $115,094,000 after buying an additional 143,657 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA:XMMO opened at $164.81 on Tuesday. Invesco S&P MidCap Momentum ETF has a 52-week low of $126.64 and a 52-week high of $173.94. The company has a market capitalization of $7.68 billion, a PE ratio of 22.06 and a beta of 1.08. The company has a fifty day moving average of $166.11 and a 200-day moving average of $152.81.

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.