Flagship Wealth Advisors LLC Has $9.44 Million Position in Invesco S&P MidCap Momentum ETF $XMMO

Flagship Wealth Advisors LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 11.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 68,207 shares of the company’s stock after acquiring an additional 6,984 shares during the period. Invesco S&P MidCap Momentum ETF comprises 2.7% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. Flagship Wealth Advisors LLC owned about 0.18% of Invesco S&P MidCap Momentum ETF worth $9,444,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. J.W. Cole Advisors Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 0.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 77,778 shares of the company’s stock worth $10,733,000 after acquiring an additional 215 shares during the last quarter. Comprehensive Wealth Management LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 11.0% during the 4th quarter. Comprehensive Wealth Management LLC now owns 12,045 shares of the company’s stock worth $1,668,000 after acquiring an additional 1,190 shares during the last quarter. Cibc World Market Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 5.7% during the 4th quarter. Cibc World Market Inc. now owns 6,990 shares of the company’s stock worth $968,000 after acquiring an additional 375 shares during the last quarter. TAGStone Capital Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 14.1% during the 4th quarter. TAGStone Capital Inc. now owns 5,583 shares of the company’s stock worth $773,000 after acquiring an additional 692 shares during the last quarter. Finally, GW Henssler & Associates Ltd. bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $1,820,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO stock opened at $171.72 on Friday. Invesco S&P MidCap Momentum ETF has a 52-week low of $123.44 and a 52-week high of $172.23. The firm has a market capitalization of $7.25 billion, a P/E ratio of 22.06 and a beta of 1.08. The stock has a 50 day moving average price of $159.21 and a 200 day moving average price of $148.18.

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.