Oppenheimer & Co. Inc. Lowers Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Oppenheimer & Co. Inc. cut its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 38.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,202 shares of the company’s stock after selling 4,478 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $867,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. First Heartland Consultants Inc. grew its stake in Invesco S&P MidCap Momentum ETF by 9.0% in the 3rd quarter. First Heartland Consultants Inc. now owns 5,966 shares of the company’s stock valued at $718,000 after purchasing an additional 492 shares during the period. Prime Capital Investment Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 0.4% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 35,537 shares of the company’s stock worth $4,276,000 after buying an additional 126 shares during the last quarter. Savvy Advisors Inc. grew its position in Invesco S&P MidCap Momentum ETF by 17.9% during the third quarter. Savvy Advisors Inc. now owns 13,657 shares of the company’s stock valued at $1,643,000 after buying an additional 2,078 shares during the period. Harbour Investments Inc. increased its holdings in Invesco S&P MidCap Momentum ETF by 150.0% during the third quarter. Harbour Investments Inc. now owns 2,030 shares of the company’s stock worth $244,000 after buying an additional 1,218 shares during the last quarter. Finally, Sigma Planning Corp raised its position in Invesco S&P MidCap Momentum ETF by 21.6% in the third quarter. Sigma Planning Corp now owns 10,744 shares of the company’s stock worth $1,293,000 after acquiring an additional 1,910 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Up 0.5 %

Invesco S&P MidCap Momentum ETF stock opened at $128.74 on Wednesday. The company has a market capitalization of $2.52 billion, a P/E ratio of 19.24 and a beta of 1.12. The firm has a 50 day moving average price of $122.63 and a 200-day moving average price of $117.62. Invesco S&P MidCap Momentum ETF has a twelve month low of $82.25 and a twelve month high of $132.39.

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.