Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) is Aspire Wealth Management Corp’s Largest Position

by · The Cerbat Gem

Aspire Wealth Management Corp boosted its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMOFree Report) by 1.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,435 shares of the company’s stock after buying an additional 1,230 shares during the quarter. Invesco S&P MidCap Momentum ETF makes up approximately 6.8% of Aspire Wealth Management Corp’s portfolio, making the stock its largest holding. Aspire Wealth Management Corp’s holdings in Invesco S&P MidCap Momentum ETF were worth $12,687,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of XMMO. Oxford Wealth Group LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the first quarter valued at approximately $18,376,000. Cetera Investment Advisers lifted its holdings in 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 purchasing an additional 134,291 shares in the last quarter. Orion Portfolio Solutions LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the first quarter worth $15,174,000. Great Valley Advisor Group Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 133.4% in the second quarter. Great Valley Advisor Group Inc. now owns 180,213 shares of the company’s stock worth $20,542,000 after buying an additional 102,989 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the second quarter worth about $9,204,000.

Invesco S&P MidCap Momentum ETF Price Performance

NYSEARCA XMMO traded up $0.13 during trading hours on Friday, hitting $129.90. 33,071 shares of the company’s stock traded hands, compared to its average volume of 314,264. The company has a market capitalization of $2.54 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 52-week low of $78.74 and a 52-week high of $130.39. The firm’s 50-day moving average is $119.85 and its 200-day moving average is $116.31.

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.

Further Reading

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