Janney Montgomery Scott LLC Sells 18,340 Shares of Invesco S&P MidCap Momentum ETF $XMMO

by · The Markets Daily

Janney Montgomery Scott LLC decreased its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMOFree Report) by 45.5% during the first quarter, HoldingsChannel.com reports. The firm owned 21,974 shares of the company’s stock after selling 18,340 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $3,187,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 11.4% during the fourth quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock valued at $480,826,000 after purchasing an additional 355,614 shares during the period. Advance Capital Management Inc. bought a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $27,363,000. HighTower Advisors LLC boosted its position in Invesco S&P MidCap Momentum ETF by 353.6% in the 4th quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock valued at $34,847,000 after buying an additional 196,188 shares during the period. Great Valley Advisor Group Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 89.1% in the 4th quarter. Great Valley Advisor Group Inc. now owns 399,276 shares of the company’s stock valued at $55,284,000 after buying an additional 188,111 shares during the period. Finally, OLD National Bancorp IN bought a new position in Invesco S&P MidCap Momentum ETF in the 1st quarter worth about $26,365,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA:XMMO opened at $160.26 on Wednesday. The firm’s 50 day simple moving average is $166.22 and its 200-day simple moving average is $153.16. Invesco S&P MidCap Momentum ETF has a one year low of $126.64 and a one year high of $173.94. The firm has a market cap of $7.46 billion, a PE ratio of 22.06 and a beta of 1.08.

Invesco S&P MidCap Momentum ETF Company 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.

Read More

Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMOFree Report).