Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Get Free Report) shares saw an uptick in trading volume on Tuesday . 1,308,300 shares changed hands during mid-day trading, an increase of 269% from the previous session’s volume of 354,451 shares.The stock last traded at $160.12 and had previously closed at $164.81.
Invesco S&P MidCap Momentum ETF Stock Performance
The company has a 50-day simple moving average of $166.23 and a 200-day simple moving average of $153.32. The company has a market cap of $7.64 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08.
Institutional Trading of Invesco S&P MidCap Momentum ETF
A number of institutional investors have recently modified their holdings of the business. Capstone Wealth Management Group LLC raised its position in Invesco S&P MidCap Momentum ETF by 148.4% in the first quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock worth $3,211,000 after acquiring an additional 16,865 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 17.4% during the 1st quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock worth $1,460,000 after purchasing an additional 1,905 shares during the period. Cerity Partners LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter worth $3,587,000. Raymond James Financial Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 5.0% during the 2nd quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock worth $85,895,000 after purchasing an additional 31,948 shares during the period. Finally, Jupiter Wealth Management LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $2,120,000.
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.
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