Raymond James & Associates Acquires 4,454 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Raymond James & Associates lifted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Get Rating) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 97,870 shares of the company’s stock after buying an additional 4,454 shares during the period. Raymond James & Associates’ holdings in Invesco S&P MidCap Momentum ETF were worth $7,370,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Oppenheimer & Co. Inc. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 4.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 3,203 shares of the company’s stock worth $241,000 after buying an additional 131 shares in the last quarter. IHT Wealth Management LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 3.2% during the first quarter. IHT Wealth Management LLC now owns 5,190 shares of the company’s stock worth $448,000 after buying an additional 162 shares in the last quarter. Sculati Wealth Management LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.7% during the third quarter. Sculati Wealth Management LLC now owns 11,618 shares of the company’s stock worth $811,000 after buying an additional 198 shares in the last quarter. Blair William & Co. IL increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 5.1% during the first quarter. Blair William & Co. IL now owns 4,150 shares of the company’s stock worth $358,000 after buying an additional 200 shares in the last quarter. Finally, Equitable Holdings Inc. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 6.0% during the third quarter. Equitable Holdings Inc. now owns 4,320 shares of the company’s stock worth $301,000 after buying an additional 243 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA:XMMO opened at $74.44 on Friday. The company has a fifty day moving average of $74.20 and a 200-day moving average of $76.54. The company has a market capitalization of $1.05 billion, a PE ratio of 10.00 and a beta of 1.01. Invesco S&P MidCap Momentum ETF has a 52-week low of $68.22 and a 52-week high of $83.68.

Invesco S&P MidCap Momentum ETF Company Profile

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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.