Gimbal Financial Buys New Shares in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Gimbal Financial bought a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 54,815 shares of the company’s stock, valued at approximately $6,771,000. Invesco S&P MidCap Momentum ETF makes up approximately 5.6% of Gimbal Financial’s holdings, making the stock its 5th biggest position. Gimbal Financial owned approximately 0.28% of Invesco S&P MidCap Momentum ETF at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at $318,000. JPMorgan Chase & Co. increased its holdings in Invesco S&P MidCap Momentum ETF by 4,307.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock valued at $7,181,000 after acquiring an additional 58,326 shares during the last quarter. Mutual Advisors LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 17.5% in the 4th quarter. Mutual Advisors LLC now owns 2,598 shares of the company’s stock valued at $335,000 after acquiring an additional 386 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 5.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 13,008 shares of the company’s stock valued at $1,565,000 after acquiring an additional 673 shares during the last quarter. Finally, Brookstone Capital Management increased its holdings in Invesco S&P MidCap Momentum ETF by 21.1% in the 4th quarter. Brookstone Capital Management now owns 2,745 shares of the company’s stock valued at $339,000 after acquiring an additional 479 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA XMMO opened at $129.04 on Wednesday. The company has a market cap of $2.53 billion, a P/E ratio of 19.24 and a beta of 1.12. The firm’s fifty day moving average is $127.96 and its two-hundred day moving average is $124.22. Invesco S&P MidCap Momentum ETF has a 52-week low of $100.42 and a 52-week 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.