Patten Group Inc. Raises Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Patten Group Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,666 shares of the company’s stock after acquiring an additional 287 shares during the period. Patten Group Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $823,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the 3rd quarter worth approximately $318,000. JPMorgan Chase & Co. grew its stake 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 worth $7,181,000 after buying an additional 58,326 shares in the last quarter. Mutual Advisors LLC grew its stake 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 worth $335,000 after buying an additional 386 shares in the last quarter. Janney Montgomery Scott LLC grew its stake 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 worth $1,565,000 after buying an additional 673 shares in the last quarter. Finally, Brookstone Capital Management boosted its stake in shares of 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 purchasing an additional 479 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $116.66 on Wednesday. Invesco S&P MidCap Momentum ETF has a 52-week low of $105.77 and a 52-week high of $137.14. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of 19.06 and a beta of 1.03. The company has a fifty day moving average of $126.76 and a 200-day moving average of $124.83.

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.