Independent Wealth Network Inc. Grows Stock Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Independent Wealth Network Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 52.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,597 shares of the company’s stock after purchasing an additional 6,060 shares during the period. Invesco S&P MidCap Momentum ETF accounts for about 0.8% of Independent Wealth Network Inc.’s portfolio, making the stock its 28th largest holding. Independent Wealth Network Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. &PARTNERS increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 2.0% in the fourth quarter. &PARTNERS now owns 3,501 shares of the company’s stock valued at $485,000 after purchasing an additional 70 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Invesco S&P MidCap Momentum ETF by 0.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 11,845 shares of the company’s stock worth $1,640,000 after buying an additional 86 shares during the last quarter. Advisory Services Network LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 2.4% during the third quarter. Advisory Services Network LLC now owns 4,004 shares of the company’s stock worth $541,000 after buying an additional 95 shares during the last quarter. Crescent Sterling Ltd. grew its holdings in Invesco S&P MidCap Momentum ETF by 4.4% in the 4th quarter. Crescent Sterling Ltd. now owns 2,233 shares of the company’s stock valued at $309,000 after buying an additional 95 shares in the last quarter. Finally, Tactive Advisors LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 1.2% in the 4th quarter. Tactive Advisors LLC now owns 8,474 shares of the company’s stock valued at $1,173,000 after buying an additional 98 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 1.3%

Shares of XMMO opened at $171.12 on Friday. Invesco S&P MidCap Momentum ETF has a 12-month low of $126.28 and a 12-month high of $173.94. The firm has a market capitalization of $7.23 billion, a P/E ratio of 22.06 and a beta of 1.08. The firm has a 50-day moving average price of $165.09 and a 200 day moving average price of $151.69.

About Invesco S&P MidCap Momentum ETF

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.