Columbia Advisory Partners LLC Purchases New Stake in Invesco S&P MidCap Momentum ETF $XMMO

Columbia Advisory Partners LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 31,616 shares of the company’s stock, valued at approximately $4,585,000. Invesco S&P MidCap Momentum ETF comprises about 2.9% of Columbia Advisory Partners LLC’s portfolio, making the stock its 6th biggest holding. Columbia Advisory Partners LLC owned approximately 0.08% of Invesco S&P MidCap Momentum ETF at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its position in shares of Invesco S&P MidCap Momentum ETF by 11.4% in 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 during the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco S&P MidCap Momentum ETF by 11.3% during the fourth quarter. Cetera Investment Advisers now owns 1,251,835 shares of the company’s stock worth $173,329,000 after purchasing an additional 127,090 shares during the last quarter. Wells Fargo & Company MN grew its stake in Invesco S&P MidCap Momentum ETF by 13.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,058,740 shares of the company’s stock worth $146,593,000 after purchasing an additional 125,898 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Invesco S&P MidCap Momentum ETF by 9.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 927,629 shares of the company’s stock worth $128,440,000 after purchasing an additional 76,532 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Invesco S&P MidCap Momentum ETF by 14.2% in the fourth quarter. Raymond James Financial Inc. now owns 837,045 shares of the company’s stock valued at $115,897,000 after buying an additional 103,839 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 1.6%

Shares of Invesco S&P MidCap Momentum ETF stock opened at $170.14 on Wednesday. The business has a 50-day moving average price of $165.76 and a 200 day moving average price of $152.30. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $126.64 and a fifty-two week high of $173.94. The firm has a market cap of $7.19 billion, a P/E ratio of 22.06 and a beta of 1.08.

Invesco S&P MidCap Momentum ETF 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.