World Investment Advisors Grows Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

World Investment Advisors grew its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 219.0% during the fourth quarter, HoldingsChannel reports. The firm owned 12,216 shares of the company’s stock after purchasing an additional 8,386 shares during the quarter. World Investment Advisors’ holdings in Invesco S&P MidCap Momentum ETF were worth $1,509,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Sanctuary Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth approximately $318,000. Steward Partners Investment Advisory LLC raised its stake in Invesco S&P MidCap Momentum ETF by 62.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,547 shares of the company’s stock worth $685,000 after purchasing an additional 2,125 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 14.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 6,701 shares of the company’s stock valued at $828,000 after purchasing an additional 871 shares during the last quarter. Truist Financial Corp purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $307,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 4,307.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock worth $7,181,000 after buying an additional 58,326 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 6.3 %

Shares of Invesco S&P MidCap Momentum ETF stock opened at $103.22 on Friday. The business’s fifty day moving average price is $120.95 and its 200 day moving average price is $124.51. Invesco S&P MidCap Momentum ETF has a twelve month low of $101.97 and a twelve month high of $137.14. The stock has a market capitalization of $3.15 billion, a P/E ratio of 16.68 and a beta of 1.04.

Invesco S&P MidCap Momentum ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.3006 dividend. This is a positive change from Invesco S&P MidCap Momentum ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 24th.

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.