Orion Porfolio Solutions LLC Acquires 28,665 Shares of Invesco S&P MidCap Momentum ETF $XMMO

by · The Cerbat Gem

Orion Porfolio Solutions LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 27.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 133,371 shares of the company’s stock after acquiring an additional 28,665 shares during the quarter. Orion Porfolio Solutions LLC owned 0.42% of Invesco S&P MidCap Momentum ETF worth $17,156,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P MidCap Momentum ETF by 27.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock worth $91,758,000 after purchasing an additional 173,649 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 36.6% during the first quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock valued at $78,662,000 after buying an additional 185,360 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 5.0% in the second quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock worth $85,895,000 after buying an additional 31,948 shares during the period. Bank of America Corp DE increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 7.6% in the second quarter. Bank of America Corp DE now owns 597,656 shares of the company’s stock worth $76,877,000 after buying an additional 42,015 shares during the period. Finally, Mainstay Capital Management LLC ADV lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 102.3% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock valued at $71,777,000 after acquiring an additional 282,194 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO opened at $139.18 on Friday. The stock’s 50 day simple moving average is $136.11 and its 200 day simple moving average is $132.24. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a 1 year low of $97.50 and a 1 year high of $142.34.

Invesco S&P MidCap Momentum ETF Profile

(Free Report)

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.

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