Lowery Thomas LLC Acquires 3,131 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Lowery Thomas LLC raised its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 18.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,408 shares of the company’s stock after buying an additional 3,131 shares during the quarter. Invesco S&P MidCap Momentum ETF comprises 1.6% of Lowery Thomas LLC’s investment portfolio, making the stock its 19th largest position. Lowery Thomas LLC owned approximately 0.15% of Invesco S&P MidCap Momentum ETF worth $1,833,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Blue Trust Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $27,000. Evolution Advisers Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $50,000. NBC Securities Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter worth approximately $49,000. PNC Financial Services Group Inc. grew its position in shares of Invesco S&P MidCap Momentum ETF by 38.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,292 shares of the company’s stock worth $185,000 after buying an additional 636 shares during the last quarter. Finally, Mutual Advisors LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $211,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA XMMO traded up $0.26 during mid-day trading on Friday, hitting $109.89. 99,383 shares of the stock traded hands, compared to its average volume of 212,055. Invesco S&P MidCap Momentum ETF has a 52 week low of $72.49 and a 52 week high of $116.53. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 19.55 and a beta of 1.12. The stock has a fifty day moving average price of $110.29 and a 200-day moving average price of $95.03.

Invesco S&P MidCap Momentum ETF Company 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.