Kellett Wealth Advisors LLC Acquires 1,328 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Kellett Wealth Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,295 shares of the company’s stock after buying an additional 1,328 shares during the period. Invesco S&P MidCap Momentum ETF comprises 2.6% of Kellett Wealth Advisors LLC’s holdings, making the stock its 9th largest position. Kellett Wealth Advisors LLC owned approximately 0.15% of Invesco S&P MidCap Momentum ETF worth $3,742,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Mainstay Capital Management LLC ADV acquired a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $35,394,000. LPL Financial LLC raised its stake in Invesco S&P MidCap Momentum ETF by 19.3% in the third quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock valued at $209,969,000 after buying an additional 282,112 shares during the period. Principal Securities Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 918.3% in the fourth quarter. Principal Securities Inc. now owns 248,852 shares of the company’s stock valued at $30,741,000 after buying an additional 224,413 shares during the last quarter. Win Advisors Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth approximately $12,249,000. Finally, Money Concepts Capital Corp boosted its stake in shares of 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.

Invesco S&P MidCap Momentum ETF Trading Up 0.3 %

XMMO opened at $121.18 on Wednesday. The stock’s fifty day simple moving average is $127.19 and its 200 day simple moving average is $124.63. Invesco S&P MidCap Momentum ETF has a 1-year low of $104.48 and a 1-year high of $137.14. The stock has a market cap of $3.78 billion, a PE ratio of 19.06 and a beta of 1.03.

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.