Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Purchased by Fmr LLC

Fmr LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 102.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 5,847 shares of the company’s stock after buying an additional 2,954 shares during the quarter. Fmr LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $704,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Raymond James & Associates boosted its position in shares of Invesco S&P MidCap Momentum ETF by 7.1% during the 2nd quarter. Raymond James & Associates now owns 142,079 shares of the company’s stock worth $16,196,000 after purchasing an additional 9,449 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF by 12.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 294,088 shares of the company’s stock worth $33,523,000 after buying an additional 32,271 shares during the period. Concourse Financial Group Securities Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF by 114.2% during the second quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock worth $28,000 after buying an additional 129 shares during the period. PSI Advisors LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 18.9% in the second quarter. PSI Advisors LLC now owns 13,689 shares of the company’s stock valued at $1,560,000 after buying an additional 2,175 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at $9,204,000.

Invesco S&P MidCap Momentum ETF Trading Down 1.4 %

XMMO opened at $129.24 on Wednesday. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The stock’s 50-day moving average price is $128.27 and its 200 day moving average price is $120.15. Invesco S&P MidCap Momentum ETF has a 12-month low of $87.00 and a 12-month high of $137.14.

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.