AQR Capital Management LLC Buys New Stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

AQR Capital Management LLC bought a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,930 shares of the company’s stock, valued at approximately $1,246,000. AQR Capital Management LLC owned about 0.06% of Invesco S&P MidCap Momentum ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in XMMO. Certified Advisory Corp lifted its stake in Invesco S&P MidCap Momentum ETF by 13.2% in the 2nd quarter. Certified Advisory Corp now owns 11,953 shares of the company’s stock valued at $1,363,000 after buying an additional 1,391 shares in the last quarter. Commonwealth Financial Services LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 2.8% in the 2nd quarter. Commonwealth Financial Services LLC now owns 9,813 shares of the company’s stock valued at $1,111,000 after buying an additional 264 shares during the period. ProVise Management Group LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 1.6% during the 2nd quarter. ProVise Management Group LLC now owns 47,862 shares of the company’s stock valued at $5,456,000 after acquiring an additional 731 shares during the last quarter. Glass Jacobson Investment Advisors llc purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter worth about $26,000. Finally, Tennessee Valley Asset Management Partners boosted its position in shares of Invesco S&P MidCap Momentum ETF by 43.9% in the second quarter. Tennessee Valley Asset Management Partners now owns 3,159 shares of the company’s stock worth $360,000 after acquiring an additional 964 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $123.03 on Friday. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The stock has a 50-day simple moving average of $116.94 and a 200 day simple moving average of $114.88. Invesco S&P MidCap Momentum ETF has a one year low of $74.39 and a one year high of $123.03.

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.