Journey Advisory Group LLC Has $937,000 Position in Invesco S&P MidCap Momentum ETF $XMMO

Journey Advisory Group LLC cut its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 43.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,464 shares of the company’s stock after selling 4,872 shares during the quarter. Journey Advisory Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $937,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in XMMO. Capstone Wealth Management Group LLC boosted 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 valued at $3,211,000 after buying 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 first quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock worth $1,460,000 after buying an additional 1,905 shares during the last quarter. Cerity Partners LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the second quarter worth $3,587,000. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 5.0% during the second quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock worth $85,895,000 after buying an additional 31,948 shares in the last quarter. Finally, Jupiter Wealth Management LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at $2,120,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO opened at $157.92 on Friday. Invesco S&P MidCap Momentum ETF has a 52 week low of $126.64 and a 52 week high of $173.94. The stock has a market capitalization of $7.28 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08. The stock has a fifty day moving average of $166.14 and a 200-day moving average of $154.12.

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.