AIFG Consultants Ltd. Purchases Shares of 3,773 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

AIFG Consultants Ltd. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,773 shares of the company’s stock, valued at approximately $454,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in XMMO. Park Avenue Securities LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 2.6% in the third quarter. Park Avenue Securities LLC now owns 4,111 shares of the company’s stock valued at $495,000 after acquiring an additional 103 shares in the last quarter. Dynamic Advisor Solutions LLC raised its position in Invesco S&P MidCap Momentum ETF by 2.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,531 shares of the company’s stock worth $516,000 after buying an additional 110 shares during the last quarter. PFG Advisors raised its position in Invesco S&P MidCap Momentum ETF by 2.6% in the 1st quarter. PFG Advisors now owns 4,495 shares of the company’s stock worth $516,000 after buying an additional 114 shares during the last quarter. Concourse Financial Group Securities Inc. raised its position in Invesco S&P MidCap Momentum ETF by 114.2% in the 2nd 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 last quarter. Finally, American Trust raised its position in Invesco S&P MidCap Momentum ETF by 2.7% in the 1st quarter. American Trust now owns 7,387 shares of the company’s stock worth $848,000 after buying an additional 192 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 1.1 %

Shares of Invesco S&P MidCap Momentum ETF stock traded down $1.32 during trading hours on Monday, reaching $123.55. 81,374 shares of the stock traded hands, compared to its average volume of 321,034. The company has a 50 day moving average price of $118.23 and a 200 day moving average price of $115.24. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a one year low of $74.39 and a one year high of $125.38.

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.