Lodestone Wealth Management LLC Purchases Shares of 1,709 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Lodestone Wealth Management LLC purchased a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,709 shares of the company’s stock, valued at approximately $211,000.

A number of other large investors also recently bought and sold shares of the stock. American Trust lifted its holdings in Invesco S&P MidCap Momentum ETF by 1.1% in the third quarter. American Trust now owns 7,835 shares of the company’s stock valued at $943,000 after acquiring an additional 84 shares during the period. Meridian Financial LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 3.2% in the fourth quarter. Meridian Financial LLC now owns 3,250 shares of the company’s stock valued at $401,000 after acquiring an additional 100 shares during the period. Advisory Alpha LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 6.4% in the fourth quarter. Advisory Alpha LLC now owns 1,850 shares of the company’s stock valued at $229,000 after acquiring an additional 112 shares during the period. Atria Investments Inc lifted its holdings in Invesco S&P MidCap Momentum ETF by 0.9% in the third quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock valued at $1,578,000 after acquiring an additional 122 shares during the period. Finally, Prime Capital Investment Advisors LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 0.4% in the third quarter. Prime Capital Investment Advisors LLC now owns 35,537 shares of the company’s stock valued at $4,276,000 after acquiring an additional 126 shares during the period.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO stock opened at $128.33 on Friday. The company has a market cap of $2.51 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The stock has a 50 day simple moving average of $128.18 and a 200-day simple moving average of $123.88. Invesco S&P MidCap Momentum ETF has a 1-year low of $100.42 and a 1-year high of $137.14.

About Invesco S&P MidCap Momentum ETF

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.