Signature Estate & Investment Advisors LLC Sells 1,904 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Signature Estate & Investment Advisors LLC lowered its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 21.8% in the third quarter, Holdings Channel reports. The firm owned 6,838 shares of the company’s stock after selling 1,904 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $823,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in XMMO. Glass Jacobson Investment Advisors llc bought a new stake in Invesco S&P MidCap Momentum ETF during the second quarter worth approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter valued at approximately $26,000. Concourse Financial Group Securities Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF by 114.2% in the second 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 period. Pineridge Advisors LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the first quarter valued at approximately $34,000. Finally, Larson Financial Group LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter valued at approximately $53,000.

Invesco S&P MidCap Momentum ETF Price Performance

Invesco S&P MidCap Momentum ETF stock opened at $127.90 on Friday. The stock has a fifty day moving average price of $121.97 and a two-hundred day moving average price of $117.25. Invesco S&P MidCap Momentum ETF has a 52-week low of $81.53 and a 52-week high of $132.39. The firm has a market capitalization of $2.50 billion, a P/E 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.