Fifth Third Securities Inc. Has $4.02 Million Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Fifth Third Securities Inc. increased its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 16.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,960 shares of the company’s stock after acquiring an additional 4,944 shares during the quarter. Fifth Third Securities Inc. owned about 0.18% of Invesco S&P MidCap Momentum ETF worth $4,016,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 45.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 388,880 shares of the company’s stock worth $34,925,000 after purchasing an additional 122,233 shares during the period. International Assets Investment Management LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at $32,634,000. Stifel Financial Corp boosted its position in Invesco S&P MidCap Momentum ETF by 17.4% during the fourth quarter. Stifel Financial Corp now owns 201,919 shares of the company’s stock valued at $18,138,000 after acquiring an additional 29,870 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 422.0% during the 4th quarter. Foundations Investment Advisors LLC now owns 141,792 shares of the company’s stock worth $13,567,000 after acquiring an additional 114,627 shares during the period. Finally, Focus Financial Network Inc. ADV bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $11,584,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA:XMMO traded down $1.27 during midday trading on Monday, reaching $112.72. The company’s stock had a trading volume of 81,508 shares, compared to its average volume of 285,305. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $74.39 and a fifty-two week high of $117.57. The firm has a 50 day moving average price of $113.47 and a two-hundred day moving average price of $105.62. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12.

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.