Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Sold by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. decreased its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 0.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 48,595 shares of the company’s stock after selling 114 shares during the period. Invesco S&P MidCap Momentum ETF makes up about 0.8% of Institute for Wealth Management LLC.’s portfolio, making the stock its 17th biggest holding. Institute for Wealth Management LLC.’s holdings in Invesco S&P MidCap Momentum ETF were worth $6,003,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in Invesco S&P MidCap Momentum ETF by 19.3% in the third quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock valued at $209,969,000 after acquiring an additional 282,112 shares in the last quarter. Affinity Wealth Management LLC increased its stake in Invesco S&P MidCap Momentum ETF by 1.5% during the 3rd quarter. Affinity Wealth Management LLC now owns 253,773 shares of the company’s stock worth $30,537,000 after buying an additional 3,810 shares during the period. Foundations Investment Advisors LLC increased its stake in Invesco S&P MidCap Momentum ETF by 28.5% during the 4th quarter. Foundations Investment Advisors LLC now owns 216,405 shares of the company’s stock worth $26,732,000 after buying an additional 47,969 shares during the period. Great Valley Advisor Group Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 3.4% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 186,324 shares of the company’s stock valued at $22,420,000 after buying an additional 6,111 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in Invesco S&P MidCap Momentum ETF by 24.3% in the 3rd quarter. MML Investors Services LLC now owns 164,742 shares of the company’s stock valued at $19,823,000 after buying an additional 32,173 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA XMMO opened at $131.67 on Friday. Invesco S&P MidCap Momentum ETF has a 1 year low of $93.23 and a 1 year high of $137.14. The stock’s 50-day simple moving average is $129.29 and its 200-day simple moving average is $122.95. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12.

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.