Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Stock Position Boosted by Systelligence LLC

Systelligence LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 2.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 102,087 shares of the company’s stock after buying an additional 2,725 shares during the quarter. Invesco S&P MidCap Momentum ETF makes up approximately 3.1% of Systelligence LLC’s portfolio, making the stock its 9th biggest position. Systelligence LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $12,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. J.W. Cole Advisors Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 11.2% during the fourth quarter. J.W. Cole Advisors Inc. now owns 24,413 shares of the company’s stock worth $3,016,000 after purchasing an additional 2,453 shares during the period. Valmark Advisers Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $1,051,000. Csenge Advisory Group raised its stake in shares of Invesco S&P MidCap Momentum ETF by 168.5% in the 4th quarter. Csenge Advisory Group now owns 6,103 shares of the company’s stock valued at $754,000 after acquiring an additional 3,830 shares during the period. Principal Securities Inc. raised its stake in shares of Invesco S&P MidCap Momentum ETF by 918.3% in the 4th quarter. Principal Securities Inc. now owns 248,852 shares of the company’s stock valued at $30,741,000 after acquiring an additional 224,413 shares during the period. Finally, Centerpoint Advisory Group purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $856,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Invesco S&P MidCap Momentum ETF stock opened at $128.33 on Monday. The company’s 50 day simple moving average is $128.06 and its 200-day simple moving average is $123.99. The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1 year low of $100.42 and a 1 year high of $137.14.

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.