Fiduciary Planning LLC Sells 1,217 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Fiduciary Planning LLC cut its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 2.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,387 shares of the company’s stock after selling 1,217 shares during the quarter. Invesco S&P MidCap Momentum ETF comprises about 1.6% of Fiduciary Planning LLC’s portfolio, making the stock its 15th biggest position. Fiduciary Planning LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $4,708,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in XMMO. Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P MidCap Momentum ETF by 765.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,718,606 shares of the company’s stock worth $459,359,000 after acquiring an additional 3,288,932 shares in the last quarter. LPL Financial LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 53.6% in the fourth quarter. LPL Financial LLC now owns 2,679,516 shares of the company’s stock valued at $331,001,000 after acquiring an additional 934,570 shares in the last quarter. Clark Capital Management Group Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth $131,274,000. Wells Fargo & Company MN increased its position in shares of Invesco S&P MidCap Momentum ETF by 30.3% during the fourth quarter. Wells Fargo & Company MN now owns 836,946 shares of the company’s stock worth $103,388,000 after purchasing an additional 194,792 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 432.6% during the 4th quarter. Cetera Investment Advisers now owns 616,435 shares of the company’s stock valued at $76,148,000 after purchasing an additional 500,684 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Invesco S&P MidCap Momentum ETF stock opened at $127.08 on Friday. Invesco S&P MidCap Momentum ETF has a 1-year low of $97.50 and a 1-year high of $137.14. The business has a fifty day moving average price of $117.02 and a 200-day moving average price of $122.58. The stock has a market capitalization of $3.86 billion, a price-to-earnings ratio of 20.45 and a beta of 1.05.

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.