Nikulski Financial Inc. Buys 18,491 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Nikulski Financial Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 355.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,687 shares of the company’s stock after purchasing an additional 18,491 shares during the quarter. Nikulski Financial Inc. owned 0.06% of Invesco S&P MidCap Momentum ETF worth $3,280,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the third quarter valued at about $161,994,000. Northwestern Mutual Wealth Management Co. grew its stake in Invesco S&P MidCap Momentum ETF by 20.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock worth $115,094,000 after buying an additional 143,657 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Invesco S&P MidCap Momentum ETF by 9.8% in the 3rd quarter. Raymond James Financial Inc. now owns 733,206 shares of the company’s stock valued at $99,151,000 after buying an additional 65,436 shares during the period. Ameriprise Financial Inc. increased its holdings in Invesco S&P MidCap Momentum ETF by 3.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 672,967 shares of the company’s stock valued at $91,134,000 after buying an additional 22,735 shares during the period. Finally, Bank of America Corp DE raised its position in shares of Invesco S&P MidCap Momentum ETF by 7.5% in the 3rd quarter. Bank of America Corp DE now owns 642,741 shares of the company’s stock valued at $86,918,000 after buying an additional 45,085 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 4.3%

Shares of Invesco S&P MidCap Momentum ETF stock opened at $145.02 on Wednesday. The company has a 50 day moving average of $145.32 and a 200-day moving average of $140.09. Invesco S&P MidCap Momentum ETF has a 1-year low of $97.50 and a 1-year high of $152.42. The company has a market cap of $5.40 billion, a PE ratio of 22.06 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.