Great Valley Advisor Group Inc. Acquires 6,111 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Great Valley Advisor Group Inc. grew its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 3.4% in the 3rd quarter, Holdings Channel reports. The fund owned 186,324 shares of the company’s stock after buying an additional 6,111 shares during the period. Great Valley Advisor Group Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $22,420,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in XMMO. Newbridge Financial Services Group Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at approximately $26,000. Glass Jacobson Investment Advisors llc acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the second quarter worth $26,000. Concourse Financial Group Securities Inc. lifted its stake in shares of 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 valued at $28,000 after acquiring an additional 129 shares during the last quarter. Howe & Rusling Inc. bought a new stake in Invesco S&P MidCap Momentum ETF during the 3rd quarter worth $30,000. Finally, Pineridge Advisors LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the 1st quarter worth about $34,000.

Invesco S&P MidCap Momentum ETF Trading Up 1.6 %

Shares of XMMO stock opened at $134.32 on Friday. The business’s 50-day moving average price is $123.68 and its 200-day moving average price is $117.94. Invesco S&P MidCap Momentum ETF has a 12 month low of $82.25 and a 12 month high of $134.44. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12.

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.