Capstone Wealth Management Group LLC Makes New $1.40 Million Investment in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Capstone Wealth Management Group LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 4th quarter, Holdings Channel reports. The firm bought 11,363 shares of the company’s stock, valued at approximately $1,404,000.

A number of other hedge funds have also recently made changes to their positions in the stock. American Trust raised its stake in Invesco S&P MidCap Momentum ETF by 1.1% during the third quarter. American Trust now owns 7,835 shares of the company’s stock valued at $943,000 after buying an additional 84 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 2.6% in the 3rd quarter. Park Avenue Securities LLC now owns 4,111 shares of the company’s stock worth $495,000 after purchasing an additional 103 shares during the last quarter. Atria Investments Inc grew its position in Invesco S&P MidCap Momentum ETF by 0.9% during the 3rd quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock valued at $1,578,000 after purchasing an additional 122 shares during the last quarter. Prime Capital Investment Advisors LLC increased its stake in Invesco S&P MidCap Momentum ETF by 0.4% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 35,537 shares of the company’s stock valued at $4,276,000 after purchasing an additional 126 shares in the last quarter. Finally, NBC Securities Inc. raised its holdings in Invesco S&P MidCap Momentum ETF by 83.7% in the third quarter. NBC Securities Inc. now owns 461 shares of the company’s stock worth $55,000 after buying an additional 210 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA XMMO opened at $125.79 on Wednesday. The company has a market cap of $2.46 billion, a PE ratio of 19.24 and a beta of 1.12. The firm’s 50 day moving average price is $129.10 and its 200-day moving average price is $121.72. Invesco S&P MidCap Momentum ETF has a 52-week low of $88.32 and a 52-week 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.