Invesco S&P MidCap Momentum ETF
XMMO
171 hedge funds and large institutions have $682M invested in Invesco S&P MidCap Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 54 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more funds holding
Funds holding: 156 → 171 (+15)
9% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 54
0% less capital invested
Capital invested by funds: $685M → $682M (-$2.97M)
2.8% less ownership
Funds ownership: 60.59% → 57.79% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.7M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$10M |
| 3 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$9.42M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.13M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$112M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$7.38M |
| 3 |
MWM
MY Wealth Management
Germantown,
Maryland
|
-$4.47M |
| 4 |
Morgan Stanley
New York
|
-$3.71M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.15M |
XMMO Hedge Fund Activity: Q4 2023 in Review
171 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P MidCap Momentum ETF (XMMO) for Q4 2023, worth a combined $682M — down 0.43% from $685M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new XMMO positions and 13 closed out — a net gain of 16 holders — while 59 added to existing stakes and 54 trimmed.
The largest buyer was LPL Financial, adding an estimated $10.7M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $112M.
- 171 institutional investors held Invesco S&P MidCap Momentum ETF (XMMO) as of Q4 2023, up from 156 in Q3 2023.
- Funds reported $682M of Invesco S&P MidCap Momentum ETF stock for Q4 2023, down 0.43% quarter-over-quarter.
- 29 funds opened new Invesco S&P MidCap Momentum ETF positions in Q4 2023 and 13 closed out, a net change of +16 holders.
- The largest Invesco S&P MidCap Momentum ETF buyer in Q4 2023 was LPL Financial, an estimated $10.7M added.
- The largest Invesco S&P MidCap Momentum ETF seller in Q4 2023 was Wealth Enhancement Advisory Services, an estimated $112M sold.
Based on aggregated 13F filings for Q4 2023.