ADG Wealth Management Group LLC Buys Shares of 2,330 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

ADG Wealth Management Group LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,330 shares of the company’s stock, valued at approximately $288,000. Invesco S&P MidCap Momentum ETF accounts for approximately 0.3% of ADG Wealth Management Group LLC’s portfolio, making the stock its 20th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. American Trust raised its position in shares of Invesco S&P MidCap Momentum ETF by 1.1% in the 3rd quarter. American Trust now owns 7,835 shares of the company’s stock worth $943,000 after acquiring an additional 84 shares in the last quarter. Meridian Financial LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 3.2% in the 4th quarter. Meridian Financial LLC now owns 3,250 shares of the company’s stock worth $401,000 after acquiring an additional 100 shares in the last quarter. Advisory Alpha LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 6.4% in the 4th quarter. Advisory Alpha LLC now owns 1,850 shares of the company’s stock worth $229,000 after acquiring an additional 112 shares in the last quarter. Atria Investments Inc raised its position in shares of Invesco S&P MidCap Momentum ETF by 0.9% in 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. Finally, Prime Capital Investment Advisors LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 0.4% in 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.

Invesco S&P MidCap Momentum ETF Trading Up 1.5 %

XMMO opened at $122.18 on Friday. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 19.06 and a beta of 1.03. Invesco S&P MidCap Momentum ETF has a 12 month low of $105.57 and a 12 month high of $137.14. The stock has a fifty day moving average price of $127.05 and a 200-day moving average price of $124.65.

Invesco S&P MidCap Momentum ETF 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.