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Investment firms boost holdings in momentum-based ETFs, signaling continued interest in momentum stocks.
GWN Securities Inc. and Commonwealth Equity Services LLC have increased their holdings in the Invesco S&P MidCap Momentum ETF, while Altus Wealth Group LLC invested $3.46 million in the Invesco S&P 500 Momentum ETF.
These purchases signal continued interest in momentum-based ETFs, which track mid-cap and large-cap stocks selected for their momentum.
The Invesco S&P MidCap Momentum ETF has a market cap of $3.46 billion and a price-to-earnings ratio of 16.76.
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Las empresas de inversión aumentan las tenencias en ETF basados en impulso, lo que indica un interés continuo en las existencias de impulso.