Accel Wealth Management Raises Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Accel Wealth Management raised its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 12.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,102 shares of the company’s stock after purchasing an additional 1,702 shares during the quarter. Accel Wealth Management’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,866,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of XMMO. Southland Equity Partners LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.5% during the fourth quarter. Southland Equity Partners LLC now owns 16,619 shares of the company’s stock worth $2,053,000 after purchasing an additional 245 shares during the last quarter. RFG Advisory LLC grew its position in Invesco S&P MidCap Momentum ETF by 26.8% during the 4th quarter. RFG Advisory LLC now owns 2,151 shares of the company’s stock worth $266,000 after purchasing an additional 454 shares during the period. MFA Wealth Services purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $1,278,000. New Century Financial Group LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $1,060,000. Finally, MinichMacGregor Wealth Management LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $8,974,000.

Invesco S&P MidCap Momentum ETF Stock Down 0.2 %

Invesco S&P MidCap Momentum ETF stock opened at $132.36 on Friday. Invesco S&P MidCap Momentum ETF has a 52 week low of $92.19 and a 52 week high of $137.14. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The business’s 50-day moving average price is $129.26 and its 200 day moving average price is $122.58.

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.