Maltin Wealth Management Inc. Buys Shares of 37,767 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Maltin Wealth Management Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 37,767 shares of the company’s stock, valued at approximately $3,003,000. Invesco S&P MidCap Momentum ETF comprises about 0.6% of Maltin Wealth Management Inc.’s holdings, making the stock its 27th largest holding. Maltin Wealth Management Inc. owned 0.27% of Invesco S&P MidCap Momentum ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Retireful LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 169.7% in the 2nd quarter. Retireful LLC now owns 27,352 shares of the company’s stock worth $2,175,000 after buying an additional 17,211 shares during the period. Level Four Advisory Services LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth $830,000. Arete Wealth Advisors LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the first quarter valued at $388,000. Titleist Asset Management LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter valued at $2,182,000. Finally, Thrivent Financial for Lutherans bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter valued at $411,000.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO stock traded up $0.16 during mid-day trading on Monday, reaching $81.37. 4,188 shares of the company traded hands, compared to its average volume of 57,504. The company has a fifty day moving average price of $81.75 and a 200-day moving average price of $77.65. Invesco S&P MidCap Momentum ETF has a 52-week low of $68.22 and a 52-week high of $83.37. The company has a market capitalization of $1.12 billion, a P/E ratio of 10.00 and a beta of 1.01.

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.