Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $122.00 and last traded at $122.00, with a volume of 1209 shares traded. The stock had previously closed at $119.78.
Invesco S&P MidCap Momentum ETF Trading Up 0.1 %
The firm has a 50 day moving average of $116.20 and a 200-day moving average of $114.31. The company has a market cap of $2.35 billion, a P/E ratio of 19.24 and a beta of 1.12.
Institutional Trading of Invesco S&P MidCap Momentum ETF
Large investors have recently added to or reduced their stakes in the company. American Trust increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 4.9% in the 2nd quarter. American Trust now owns 7,751 shares of the company’s stock worth $884,000 after buying an additional 364 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the second quarter worth about $26,000. B. Riley Wealth Advisors Inc. bought a new stake in Invesco S&P MidCap Momentum ETF during the second quarter worth approximately $607,000. NewEdge Advisors LLC raised its position in Invesco S&P MidCap Momentum ETF by 11.6% during the second quarter. NewEdge Advisors LLC now owns 42,176 shares of the company’s stock valued at $4,808,000 after purchasing an additional 4,396 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 2.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock valued at $36,619,000 after purchasing an additional 7,717 shares during the last quarter.
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.
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