Prospera Financial Services Inc Boosts Stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Prospera Financial Services Inc increased its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 29.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,334 shares of the company’s stock after buying an additional 1,659 shares during the period. Prospera Financial Services Inc’s holdings in Invesco S&P MidCap Momentum ETF were worth $882,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in XMMO. Oxford Wealth Group LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 1st quarter worth approximately $18,376,000. Cetera Investment Advisers boosted its stake in Invesco S&P MidCap Momentum ETF by 842.6% during the 1st quarter. Cetera Investment Advisers now owns 150,228 shares of the company’s stock valued at $17,255,000 after purchasing an additional 134,291 shares during the last quarter. Great Valley Advisor Group Inc. boosted its stake in Invesco S&P MidCap Momentum ETF by 133.4% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 180,213 shares of the company’s stock valued at $20,542,000 after purchasing an additional 102,989 shares during the last quarter. MinichMacGregor Wealth Management LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at $9,204,000. Finally, Foundations Investment Advisors LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 34.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 215,906 shares of the company’s stock valued at $24,611,000 after purchasing an additional 55,650 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 1.6 %

Shares of XMMO opened at $134.32 on Friday. The business’s fifty day simple moving average is $123.68 and its two-hundred day simple moving average is $117.94. Invesco S&P MidCap Momentum ETF has a 12 month low of $82.25 and a 12 month high of $134.44. The company has a market cap of $2.63 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.