Fortitude Family Office LLC Acquires New Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Fortitude Family Office LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,300 shares of the company’s stock, valued at approximately $1,519,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Worth Asset Management LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $218,000. International Assets Investment Management LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $404,000. JPMorgan Chase & Co. grew its position in Invesco S&P MidCap Momentum ETF by 4,307.7% during the third 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 in the last quarter. B. Riley Wealth Advisors Inc. grew its position in Invesco S&P MidCap Momentum ETF by 910.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 53,784 shares of the company’s stock worth $6,437,000 after buying an additional 48,459 shares in the last quarter. Finally, American Trust increased its stake in Invesco S&P MidCap Momentum ETF by 1.1% in the 3rd quarter. American Trust now owns 7,835 shares of the company’s stock worth $943,000 after acquiring an additional 84 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 0.4 %

Shares of XMMO opened at $125.81 on Friday. Invesco S&P MidCap Momentum ETF has a 12-month low of $88.12 and a 12-month high of $137.14. The company has a market cap of $2.46 billion, a PE ratio of 19.24 and a beta of 1.12. The stock has a 50-day moving average price of $128.98 and a 200-day moving average price of $121.39.

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.