NewEdge Advisors LLC Grows Stock Holdings in Invesco S&P MidCap Momentum ETF $XMMO

NewEdge Advisors LLC lifted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 73.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 78,283 shares of the company’s stock after acquiring an additional 33,256 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $11,353,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Optima Capital LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth about $28,000. AlphaCore Capital LLC acquired a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth about $34,000. Park Square Financial Group LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $36,000. Finally, Eagle Bay Advisors LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $39,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO stock opened at $161.98 on Monday. Invesco S&P MidCap Momentum ETF has a 52-week low of $128.83 and a 52-week high of $173.94. The stock has a market cap of $7.53 billion, a PE ratio of 22.06 and a beta of 1.09. The business has a 50-day simple moving average of $163.69 and a 200-day simple moving average of $156.00.

Invesco S&P MidCap Momentum ETF 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.