1,978 Shares in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Bought by Diversified Portfolios Inc.

Diversified Portfolios Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,978 shares of the company’s stock, valued at approximately $244,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 19.3% during the third quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock worth $209,969,000 after buying an additional 282,112 shares during the last quarter. Win Advisors Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $12,249,000. Money Concepts Capital Corp lifted its position in Invesco S&P MidCap Momentum ETF by 24.6% during the 4th quarter. Money Concepts Capital Corp now owns 436,572 shares of the company’s stock worth $53,930,000 after acquiring an additional 86,162 shares during the period. MinichMacGregor Wealth Management LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $8,974,000. Finally, Merit Financial Group LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter valued at approximately $7,639,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of NYSEARCA XMMO opened at $127.87 on Wednesday. The stock has a fifty day moving average price of $128.47 and a 200 day moving average price of $123.83. Invesco S&P MidCap Momentum ETF has a 1-year low of $98.61 and a 1-year high of $137.14. The company has a market cap of $2.50 billion, a PE ratio of 19.24 and a beta of 1.12.

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.