XMMO: AI And Positive Sentiment Drives This Successful Mid-Cap Momentum ETF
2026-06-04 07:06:58 ET
Investment Thesis
I last reviewed the Invesco S&P MidCap Momentum ETF ( XMMO ) on December 28, 2025, when I upheld my "buy" rating on the fund but cautioned readers that the fund was getting a bit expensive based on its 23.28x forward P/E. That figure has increased to 24.28x today, but that hasn't slowed investors down in 2026. With all the back and forth and uncertainty caused by the Iran War, XMMO has hummed along nicely, delivering a 20.36% total return YTD. Meanwhile, the Invesco S&P MidCap Quality ETF ( XMHQ ) gained 8.69%, while the benchmark State Street SPDR S&P MidCap 400 ETF ( MDY ) is up 13.00%. ...
Read the full article on Seeking Alpha
For further details see:
XMMO: AI And Positive Sentiment Drives This Successful Mid-Cap Momentum ETF
NASDAQ: RWK
RWK Trading
-1.09% G/L:
$141.76 Last:
11,165 Volume:
$141.97 Open:
