Arkadios Wealth Advisors Acquires 4,559 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Arkadios Wealth Advisors raised its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 124.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,235 shares of the company’s stock after acquiring an additional 4,559 shares during the quarter. Arkadios Wealth Advisors’ holdings in Invesco S&P MidCap Momentum ETF were worth $991,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in XMMO. Oxford Wealth Group LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 1st quarter valued at approximately $18,376,000. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 842.6% in the 1st quarter. Cetera Investment Advisers now owns 150,228 shares of the company’s stock valued at $17,255,000 after buying an additional 134,291 shares during the last quarter. Orion Portfolio Solutions LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 1st quarter valued at approximately $15,174,000. Great Valley Advisor Group Inc. boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 133.4% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 180,213 shares of the company’s stock valued at $20,542,000 after buying an additional 102,989 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at approximately $9,204,000.

Invesco S&P MidCap Momentum ETF Trading Up 0.9 %

NYSEARCA XMMO opened at $121.77 on Tuesday. The company has a market cap of $2.38 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 12 month low of $74.96 and a 12 month high of $125.38. The stock has a 50 day moving average of $119.09 and a 200-day moving average of $115.63.

Invesco S&P MidCap Momentum ETF 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.