Manchester Financial Inc. lowered its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 10.7% during the third quarter, Holdings Channel.com reports. The firm owned 92,851 shares of the company’s stock after selling 11,111 shares during the quarter. Invesco S&P MidCap Momentum ETF accounts for about 2.5% of Manchester Financial Inc.’s portfolio, making the stock its 12th largest position. Manchester Financial Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $12,556,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. First Financial Corp IN acquired a new stake in Invesco S&P MidCap Momentum ETF in the third quarter valued at approximately $25,000. Golden State Wealth Management LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the second quarter worth $28,000. Briaud Financial Planning Inc purchased a new position in Invesco S&P MidCap Momentum ETF in the second quarter valued at $29,000. Beacon Capital Management Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF in the second quarter valued at $50,000. Finally, Promus Capital LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter worth about $58,000.
Invesco S&P MidCap Momentum ETF Stock Performance
XMMO opened at $141.50 on Wednesday. Invesco S&P MidCap Momentum ETF has a one year low of $97.50 and a one year high of $142.34. The company has a market cap of $4.95 billion, a P/E ratio of 22.06 and a beta of 1.05. The business’s 50-day simple moving average is $136.66 and its 200-day simple moving average is $132.99.
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.
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