Schrum Private Wealth Management LLC Raises Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Schrum Private Wealth Management LLC raised its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 100.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,000 shares of the company’s stock after buying an additional 2,000 shares during the quarter. Schrum Private Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $481,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC boosted its stake 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 valued at $495,000 after buying an additional 103 shares during the period. Dynamic Advisor Solutions LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 2.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 4,531 shares of the company’s stock worth $516,000 after acquiring an additional 110 shares during the last quarter. Atria Investments Inc grew its holdings 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 worth $1,578,000 after acquiring an additional 122 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings 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 worth $4,276,000 after acquiring an additional 126 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its position 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 purchasing an additional 129 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock traded up $0.52 during trading on Wednesday, hitting $131.32. 202,009 shares of the stock were exchanged, compared to its average volume of 315,045. The firm’s 50-day moving average price is $120.96 and its 200 day moving average price is $116.96. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 12-month low of $81.53 and a 12-month high of $132.39.

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.