XMMO
- Invesco S&P MidCap Momentum ETFKey Information
Earliest date | 2005-03-03 |
Exchange | NYSE |
Instrument Type | ETF |
MIC Code | ARCX |
Country | United States |
ETF Information
Fund Provider | Invesco |
Index | S&P MidCap 400 |
Expense Ratio | 0.34% |
Number Of Holdings | 78 |
Inception Date | 2005-03-03 |
Asset Class | Equity |
Currency | USD |
Listing | US-listed |
Investment Style | Growth |
Non-leveraged | Non-leveraged |
About XMMO
The Invesco S&P MidCap Momentum ETF is an equity fund that tracks an index of U.S. mid-cap stocks exhibiting strong price momentum. The fund's strategy involves assessing the percentage change in stock prices over the past 12 months, excluding the most recent month, and adjusting for volatility. The portfolio is weighed based on a combination of companies' market capitalization and momentum scores, providing investors with a tactical approach to mid-cap exposure.