Prime Capital Investment Advisors LLC Reduces Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Prime Capital Investment Advisors LLC lowered its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 7.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,411 shares of the company’s stock after selling 2,731 shares during the period. Prime Capital Investment Advisors LLC owned about 0.18% of Invesco S&P MidCap Momentum ETF worth $4,036,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in XMMO. Concourse Financial Group Securities Inc. lifted its position in Invesco S&P MidCap Momentum ETF by 114.2% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock valued at $28,000 after acquiring an additional 129 shares during the period. Voisard Asset Management Group Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $30,000. Pineridge Advisors LLC purchased a new position in Invesco S&P MidCap Momentum ETF during the 1st quarter valued at about $34,000. Larson Financial Group LLC purchased a new position in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $53,000. Finally, First Command Advisory Services Inc. lifted its position in Invesco S&P MidCap Momentum ETF by 139.8% during the 2nd quarter. First Command Advisory Services Inc. now owns 506 shares of the company’s stock valued at $58,000 after acquiring an additional 295 shares during the period.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of NYSEARCA XMMO opened at $116.62 on Monday. Invesco S&P MidCap Momentum ETF has a 1 year low of $74.39 and a 1 year high of $121.49. The stock has a market cap of $2.28 billion, a P/E ratio of 19.24 and a beta of 1.12. The firm has a 50-day moving average of $115.44 and a 200 day moving average of $113.71.

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.