Vicus Capital Lowers Stock Position in Invesco S&P MidCap Momentum ETF $XMMO

Vicus Capital reduced its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 15.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,769 shares of the company’s stock after selling 5,136 shares during the quarter. Vicus Capital’s holdings in Invesco S&P MidCap Momentum ETF were worth $3,845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of XMMO. Vantagepoint Investment Advisers LLC purchased a new stake in Invesco S&P MidCap Momentum ETF in the third quarter valued at approximately $161,994,000. Advance Capital Management Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at approximately $27,363,000. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P MidCap Momentum ETF by 20.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock valued at $115,094,000 after purchasing an additional 143,657 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Invesco S&P MidCap Momentum ETF by 36.8% in the third quarter. Jones Financial Companies Lllp now owns 357,700 shares of the company’s stock valued at $48,153,000 after purchasing an additional 96,163 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 26.4% in the third quarter. Envestnet Asset Management Inc. now owns 372,585 shares of the company’s stock valued at $50,385,000 after purchasing an additional 77,853 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO opened at $154.28 on Friday. The firm’s 50 day simple moving average is $146.35 and its 200 day simple moving average is $140.75. The company has a market capitalization of $6.21 billion, a P/E ratio of 22.06 and a beta of 1.07. Invesco S&P MidCap Momentum ETF has a 1-year low of $104.36 and a 1-year high of $155.45.

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.