Arkadios Wealth Advisors Boosts Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Arkadios Wealth Advisors lifted its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,600 shares of the company’s stock after purchasing an additional 365 shares during the quarter. Arkadios Wealth Advisors’ holdings in Invesco S&P MidCap Momentum ETF were worth $1,062,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of XMMO. Sanctuary Advisors LLC purchased a new position in Invesco S&P MidCap Momentum ETF during the third quarter valued at approximately $318,000. JPMorgan Chase & Co. grew its position in shares of Invesco S&P MidCap Momentum ETF by 4,307.7% in the third quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock valued at $7,181,000 after purchasing an additional 58,326 shares in the last quarter. Janney Montgomery Scott LLC increased its position in Invesco S&P MidCap Momentum ETF by 5.5% during the third quarter. Janney Montgomery Scott LLC now owns 13,008 shares of the company’s stock worth $1,565,000 after purchasing an additional 673 shares during the last quarter. Creative Planning raised its stake in Invesco S&P MidCap Momentum ETF by 7.4% during the second quarter. Creative Planning now owns 8,077 shares of the company’s stock worth $921,000 after purchasing an additional 559 shares during the period. Finally, Arete Wealth Advisors LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 13.9% in the third quarter. Arete Wealth Advisors LLC now owns 5,367 shares of the company’s stock valued at $643,000 after acquiring an additional 655 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 0.4 %

Shares of NYSEARCA:XMMO opened at $129.69 on Monday. Invesco S&P MidCap Momentum ETF has a 12-month low of $89.01 and a 12-month high of $137.14. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The business has a 50-day moving average price of $129.04 and a 200 day moving average price of $122.00.

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.