(XMMO) Invesco S&P MidCap Momentum - Ratings and Ratios

The Invesco S&P MidCap Momentum ETF (XMMO) offers investors a targeted approach to mid-cap companies, focusing on those with the highest momentum. As part of Invescos ETF lineup, XMMO is designed to provide exposure to mid-sized companies that are exhibiting strong momentum characteristics.

By tracking the S&P MidCap Momentum Index, XMMO selects companies from the S&P MidCap 400® Index that demonstrate the highest momentum scores. This approach distinguishes it from other mid-cap ETFs by emphasizing companies with strong price trends and high investor demand.

The ETFs strategy is supported by the expertise of S&P Dow Jones, ensuring the index is compiled and maintained with rigorous guidelines. This attention to detail is crucial for investors seeking a rules-based, momentum-focused investment vehicle.

With an AUM of over $4.6 billion, XMMO is a substantial player in the mid-cap ETF space. Its listed on the NYSE ARCA under the ticker XMMO and falls under the Mid-Cap Blend category. Notably, traditional valuation metrics like P/E arent emphasized here, reflecting its focus on momentum over value.