Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Purchased by Symphony Financial Services Inc.

Symphony Financial Services Inc. increased its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 20.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,717 shares of the company’s stock after acquiring an additional 4,289 shares during the quarter. Invesco S&P MidCap Momentum ETF makes up 2.6% of Symphony Financial Services Inc.’s holdings, making the stock its 13th largest holding. Symphony Financial Services Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $3,177,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the third quarter valued at approximately $30,000. Synergy Investment Management LLC acquired a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth about $49,000. Transcendent Capital Group LLC grew its stake in Invesco S&P MidCap Momentum ETF by 2,689.5% during the 4th quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock valued at $65,000 after acquiring an additional 511 shares in the last quarter. Richardson Financial Services Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $70,000. Finally, First Command Advisory Services Inc. grew its position in Invesco S&P MidCap Momentum ETF by 30.0% during the fourth quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock valued at $81,000 after purchasing an additional 152 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 1.9 %

XMMO stock opened at $116.66 on Wednesday. Invesco S&P MidCap Momentum ETF has a 12-month low of $105.77 and a 12-month high of $137.14. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 19.06 and a beta of 1.03. The company has a 50 day moving average of $126.76 and a two-hundred day moving average of $124.83.

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.