Bay Colony Advisory Group Inc d b a Bay Colony Advisors Sells 1,108 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors cut its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 30.8% during the first quarter, HoldingsChannel.com reports. The firm owned 2,495 shares of the company’s stock after selling 1,108 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Invesco S&P MidCap Momentum ETF were worth $282,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Aptus Capital Advisors LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 571.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 235 shares of the company’s stock worth $29,000 after buying an additional 200 shares during the period. Hazlett Burt & Watson Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter worth $47,000. Synergy Investment Management LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $49,000. Glass Jacobson Investment Advisors llc boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 62.7% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 415 shares of the company’s stock valued at $51,000 after purchasing an additional 160 shares in the last quarter. Finally, Ameriflex Group Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $51,000.

Invesco S&P MidCap Momentum ETF Stock Down 0.2%

Shares of Invesco S&P MidCap Momentum ETF stock opened at $124.54 on Friday. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $137.14. The stock has a market capitalization of $3.78 billion, a P/E ratio of 20.45 and a beta of 1.05. The company has a 50-day simple moving average of $120.50 and a 200 day simple moving average of $121.93.

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.