Affinity Wealth Management LLC Sells 594 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Affinity Wealth Management LLC reduced its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 0.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 253,179 shares of the company’s stock after selling 594 shares during the period. Invesco S&P MidCap Momentum ETF accounts for about 5.5% of Affinity Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Affinity Wealth Management LLC owned approximately 1.29% of Invesco S&P MidCap Momentum ETF worth $31,275,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 19.3% during the 3rd quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock worth $209,969,000 after buying an additional 282,112 shares during the last quarter. MinichMacGregor Wealth Management LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $8,974,000. Merit Financial Group LLC acquired a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter worth $7,639,000. JPMorgan Chase & Co. raised its position in Invesco S&P MidCap Momentum ETF by 4,307.7% in the third quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock valued at $7,181,000 after purchasing an additional 58,326 shares during the period. Finally, CWM LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 116.5% in the 3rd quarter. CWM LLC now owns 103,024 shares of the company’s stock valued at $12,397,000 after purchasing an additional 55,443 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 0.2 %

NYSEARCA XMMO opened at $132.36 on Friday. The stock has a market cap of $2.59 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a twelve month low of $92.19 and a twelve month high of $137.14. The stock has a fifty day simple moving average of $129.26 and a 200-day simple moving average of $122.58.

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.