Koshinski Asset Management Inc. purchased a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 3,160 shares of the company’s stock, valued at approximately $390,000.
A number of other hedge funds have also recently made changes to their positions in XMMO. Newbridge Financial Services Group Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF in the second quarter valued at approximately $26,000. Howe & Rusling Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at $30,000. NBC Securities Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF by 83.7% in the 3rd quarter. NBC Securities Inc. now owns 461 shares of the company’s stock worth $55,000 after purchasing an additional 210 shares in the last quarter. Investors Research Corp grew its stake in Invesco S&P MidCap Momentum ETF by 127.2% during the 3rd quarter. Investors Research Corp now owns 718 shares of the company’s stock worth $86,000 after buying an additional 402 shares during the last quarter. Finally, Lion Street Advisors LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at about $200,000.
Invesco S&P MidCap Momentum ETF Stock Performance
Shares of XMMO stock opened at $132.59 on Friday. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $92.01 and a fifty-two week high of $137.14. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The stock’s 50-day simple moving average is $129.09 and its 200-day simple moving average is $122.38.
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.
See Also
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- Earnings Per Share Calculator: How to Calculate EPS
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- How to Calculate Stock Profit
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- 3 REITs to Buy and Hold for the Long Term
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
