US Bancorp DE Increases Stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

US Bancorp DE increased its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 156.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,125 shares of the company’s stock after buying an additional 3,123 shares during the period. US Bancorp DE’s holdings in Invesco S&P MidCap Momentum ETF were worth $633,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Howe & Rusling Inc. bought a new stake in Invesco S&P MidCap Momentum ETF during the third quarter valued at about $30,000. Transcendent Capital Group LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 2,689.5% in the fourth quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock worth $65,000 after acquiring an additional 511 shares in the last quarter. Richardson Financial Services Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $70,000. First Command Advisory Services Inc. boosted its holdings in Invesco S&P MidCap Momentum ETF by 30.0% in the fourth quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock worth $81,000 after acquiring an additional 152 shares in the last quarter. Finally, Investors Research Corp boosted its holdings in Invesco S&P MidCap Momentum ETF by 127.2% in the third quarter. Investors Research Corp now owns 718 shares of the company’s stock worth $86,000 after acquiring an additional 402 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA XMMO opened at $112.74 on Wednesday. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $105.77 and a fifty-two week high of $137.14. The company has a market cap of $3.52 billion, a PE ratio of 19.06 and a beta of 1.03. The business has a 50-day simple moving average of $125.79 and a two-hundred day simple moving average of $124.73.

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.