Gateway Wealth Partners LLC Acquires Shares of 3,779 Invesco S&P MidCap Momentum ETF $XMMO

Gateway Wealth Partners LLC bought a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,779 shares of the company’s stock, valued at approximately $548,000.

Other institutional investors have also recently modified their holdings of the company. Optima Capital LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $26,000. Realta Investment Advisors bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $28,000. Wilmington Savings Fund Society FSB bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $28,000. AlphaCore Capital LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $34,000. Finally, Park Square Financial Group LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $36,000.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $153.95 on Friday. The firm has a market cap of $7.12 billion, a P/E ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $126.64 and a fifty-two week high of $173.94. The firm has a 50-day simple moving average of $164.75 and a two-hundred day simple moving average of $155.33.

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.