Ethos Financial Group LLC Has $1.65 Million Position in Invesco S&P MidCap Momentum ETF $XMMO

Ethos Financial Group LLC lowered its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 79.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,408 shares of the company’s stock after selling 43,223 shares during the period. Ethos Financial Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,654,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in XMMO. Optima Capital LLC bought a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $26,000. Realta Investment Advisors bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth approximately $28,000. AlphaCore Capital LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth approximately $34,000. Finally, Park Square Financial Group LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth $36,000.

Invesco S&P MidCap Momentum ETF Trading Down 0.1%

NYSEARCA XMMO opened at $160.68 on Thursday. The company has a market cap of $7.41 billion, a P/E ratio of 22.06 and a beta of 1.08. The company has a fifty day simple moving average of $166.27 and a 200 day simple moving average of $154.01. Invesco S&P MidCap Momentum ETF has a 12-month low of $126.64 and a 12-month high of $173.94.

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.