Should Invesco S&P MidCap Momentum ETF (XMMO) Be on Your Investing Radar?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 04 2024
0mins
Source: NASDAQ.COM
Overview of Invesco S&P MidCap Momentum ETF (XMMO): Launched in 2005, XMMO is a passively managed ETF focusing on mid-cap growth stocks, with over $2.43 billion in assets and an annual operating expense of 0.34%. It aims to replicate the performance of the S&P Midcap 400 Momentum Index, showing a return of approximately 52.95% over the past year.
Investment Characteristics and Comparisons: Mid-cap companies generally offer higher growth potential with lower volatility compared to small caps. The ETF has significant allocations in the Industrials sector and includes notable holdings like Manhattan Associates Inc. Investors may also consider similar ETFs such as Vanguard Mid-Cap Growth ETF and iShares Russell Mid-Cap Growth ETF for diversified options.
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Analyst Views on MANH
Wall Street analysts forecast MANH stock price to rise
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 134.570
Low
165.00
Averages
224.57
High
250.00
Current: 134.570
Low
165.00
Averages
224.57
High
250.00
About MANH
Manhattan Associates, Inc. develops, sells, deploys, services and maintains software solutions designed to manage supply chains, inventory and omnichannel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations. It operates in North and Latin America; Europe, the Middle East and Africa (EMEA); and the Asia Pacific (APAC) regions. It provides companies with the tools needed to manage distribution and optimize transportation costs throughout their entire commercial network. Its solutions consist of software, services, and hardware, which coordinate people, workflows, assets, events, and tasks holistically across the functions linked in a supply chain from planning through execution. These solutions help to coordinate the actions, data exchange, and communication of participants in supply chain ecosystems, such as manufacturers, suppliers, distributors, trading partners, transportation providers, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rosen Law Firm Investigates Potential Breaches by Manhattan Associates Directors
- Investigation Launched: Rosen Law Firm has announced an investigation into potential breaches of fiduciary duties by the directors and officers of Manhattan Associates, aiming to protect investor rights and ensure corporate governance transparency.
- Investor Rights Protection: The firm encourages shareholders of Manhattan Associates to visit its website for more information, demonstrating a strong commitment to investor rights and legal support.
- Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions and shareholder derivative litigation, having recovered over $438 million for investors in 2019 alone, highlighting its leadership in the industry.
- Industry Recognition: The firm has been ranked in the top four for securities class action settlements since 2013, showcasing its professionalism and influence in the legal field, which further enhances investor trust in its capabilities.
See More
Manhattan Associates Launches Sightline for AI Forecast Transparency
- AI Decision Transparency: Manhattan Associates has launched the Sightline feature within ActivePlanning, which reveals the reasoning behind AI-driven forecasts, recommendations, and inventory decisions in plain business language, thereby enhancing planner trust and reducing the hours spent on off-system investigations.
- Real-Time Analytical Capability: Sightline provides real-time in-application analysis, enabling planners to quickly understand the reasons behind forecast changes, the drivers of recommendations, and the context of inventory decisions, significantly improving decision-making efficiency and reducing reliance on third-party tools.
- Dynamic View Configuration: The new feature allows planners to configure dynamic views based on various perspectives such as role, promotion, or activity, optimizing the management of forecasts, orders, and inventory levels, further enhancing work efficiency.
- Strategic Innovation Commitment: Brian Kinsella, Senior Vice President at Manhattan, stated that the launch of Sightline reflects the company's commitment to continuous innovation and process simplification, aimed at helping customers work smarter and accelerate decision-making, thereby increasing productivity across the supply chain.
See More
Manhattan Launches AI-Powered Solution Design Studio
- AI-Powered Design Studio: Manhattan's newly launched Solution Design Studio enables users to create complex supply chain configurations in natural language, marking a significant advancement in its Agentic AI strategy aimed at enhancing traditional design efficiency and accelerating value realization.
- Rapid Configuration Capability: During testing, the studio autonomously reduced the configuration time for ActiveWarehouse™ from months to minutes, significantly saving time and enhancing business responsiveness, thereby helping customers adapt more quickly to market changes.
- User-Friendly Design: Specifically designed for business users such as warehouse operations leaders and transportation managers, the studio allows them to create and update blueprints directly in a document-like editor, ensuring the system remains aligned with current business realities.
- Commitment to Continuous Innovation: Manhattan is dedicated to providing best-in-class AI-powered solutions through its cloud-native platform and API-first architecture, enabling enterprises to achieve resilience and efficiency in complex supply chain environments, transforming challenges into competitive advantages.
See More
Rosen Law Firm Investigates Potential Breaches by Manhattan Associates Directors
- Investigation Launched: Rosen Law Firm has announced an investigation into potential breaches of fiduciary duties by the directors and officers of Manhattan Associates (NASDAQ: MANH), aiming to protect investor rights and ensure corporate governance transparency.
- Investor Rights Protection: The firm encourages shareholders of Manhattan Associates to visit its website for more information, demonstrating its commitment to providing legal support and counsel to investors.
- Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions and shareholder derivative litigation, having recovered over $438 million for investors in 2019 alone, showcasing its strong legal capabilities and resources.
- Industry Recognition: The firm has consistently ranked in the top four by ISS Securities Class Action Services since 2013, emphasizing its influence and reputation in the industry, which further enhances investor trust in its services.
See More
Exol Partners with Manhattan Associates for AI-Driven Supply Chain Solutions
- Strategic Partnership: Exol has formed a partnership with Manhattan Associates to utilize Manhattan Active® Warehouse and Transportation Management platforms, enhancing execution efficiency across its automated fulfillment centers, which is expected to significantly boost its competitive edge in modern logistics.
- Financial Backing: Exol is backed by a $7.5 billion commitment aimed at building and operating the physical AI infrastructure of modern commerce, facilitating its expansion of fulfillment-as-a-service across the nation and increasing market share.
- Facility Expansion Plans: Exol currently has a sold-out site in California and has opened a one million square foot facility in Atlanta, with plans to develop four additional multi-client sites across the U.S. in the next 12 months, further expanding its logistics network.
- Technological Integration Benefits: The collaboration with Manhattan will enable Exol to unify warehouse and transportation operations, leveraging advanced automation and digital intelligence to enhance supply chain stability and flexibility in response to evolving market demands.
See More
Exol Partners with Manhattan Associates for AI-Driven Supply Chain Solutions
- Strategic Partnership: Exol has formed a partnership with Manhattan Associates to utilize their Manhattan Active® Warehouse Management and Transportation Management platforms, which is expected to significantly enhance Exol's competitive edge in the modern logistics ecosystem by improving execution efficiency across automated fulfillment centers.
- Financial Backing: Exol has secured a $7.5 billion investment commitment from SoftBank Group and Symbotic, ensuring that it can continue to innovate and optimize its AI-driven logistics infrastructure while rapidly expanding its operations.
- Facility Expansion: Exol's network now spans six facilities totaling six million square feet in the U.S., including a newly opened one million square foot facility in Atlanta, with plans to launch four additional multi-client sites within the next 12 months, thereby increasing its market share.
- Technology Integration: The collaboration with Manhattan will enable Exol to unify warehouse and transportation operations, leveraging a cloud-native platform to enhance supply chain stability and flexibility, ultimately driving more efficient operations and improved customer satisfaction.
See More
Rosen Law Firm Investigates Potential Breaches by Manhattan Associates Directors
- Investigation Launched: Rosen Law Firm has announced an investigation into potential breaches of fiduciary duties by the directors and officers of Manhattan Associates, aiming to protect investor rights and ensure corporate governance transparency.
- Investor Rights Protection: The firm encourages shareholders of Manhattan Associates to visit its website for more information, demonstrating a strong commitment to investor rights and legal support.
- Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions and shareholder derivative litigation, having recovered over $438 million for investors in 2019 alone, highlighting its leadership in the industry.
- Industry Recognition: The firm has been ranked in the top four for securities class action settlements since 2013, showcasing its professionalism and influence in the legal field, which further enhances investor trust in its capabilities.
See More
Manhattan Associates Launches Sightline for AI Forecast Transparency
- AI Decision Transparency: Manhattan Associates has launched the Sightline feature within ActivePlanning, which reveals the reasoning behind AI-driven forecasts, recommendations, and inventory decisions in plain business language, thereby enhancing planner trust and reducing the hours spent on off-system investigations.
- Real-Time Analytical Capability: Sightline provides real-time in-application analysis, enabling planners to quickly understand the reasons behind forecast changes, the drivers of recommendations, and the context of inventory decisions, significantly improving decision-making efficiency and reducing reliance on third-party tools.
- Dynamic View Configuration: The new feature allows planners to configure dynamic views based on various perspectives such as role, promotion, or activity, optimizing the management of forecasts, orders, and inventory levels, further enhancing work efficiency.
- Strategic Innovation Commitment: Brian Kinsella, Senior Vice President at Manhattan, stated that the launch of Sightline reflects the company's commitment to continuous innovation and process simplification, aimed at helping customers work smarter and accelerate decision-making, thereby increasing productivity across the supply chain.
See More
Manhattan Launches AI-Powered Solution Design Studio
- AI-Powered Design Studio: Manhattan's newly launched Solution Design Studio enables users to create complex supply chain configurations in natural language, marking a significant advancement in its Agentic AI strategy aimed at enhancing traditional design efficiency and accelerating value realization.
- Rapid Configuration Capability: During testing, the studio autonomously reduced the configuration time for ActiveWarehouse™ from months to minutes, significantly saving time and enhancing business responsiveness, thereby helping customers adapt more quickly to market changes.
- User-Friendly Design: Specifically designed for business users such as warehouse operations leaders and transportation managers, the studio allows them to create and update blueprints directly in a document-like editor, ensuring the system remains aligned with current business realities.
- Commitment to Continuous Innovation: Manhattan is dedicated to providing best-in-class AI-powered solutions through its cloud-native platform and API-first architecture, enabling enterprises to achieve resilience and efficiency in complex supply chain environments, transforming challenges into competitive advantages.
See More
Rosen Law Firm Investigates Potential Breaches by Manhattan Associates Directors
- Investigation Launched: Rosen Law Firm has announced an investigation into potential breaches of fiduciary duties by the directors and officers of Manhattan Associates (NASDAQ: MANH), aiming to protect investor rights and ensure corporate governance transparency.
- Investor Rights Protection: The firm encourages shareholders of Manhattan Associates to visit its website for more information, demonstrating its commitment to providing legal support and counsel to investors.
- Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions and shareholder derivative litigation, having recovered over $438 million for investors in 2019 alone, showcasing its strong legal capabilities and resources.
- Industry Recognition: The firm has consistently ranked in the top four by ISS Securities Class Action Services since 2013, emphasizing its influence and reputation in the industry, which further enhances investor trust in its services.
See More
Exol Partners with Manhattan Associates for AI-Driven Supply Chain Solutions
- Strategic Partnership: Exol has formed a partnership with Manhattan Associates to utilize Manhattan Active® Warehouse and Transportation Management platforms, enhancing execution efficiency across its automated fulfillment centers, which is expected to significantly boost its competitive edge in modern logistics.
- Financial Backing: Exol is backed by a $7.5 billion commitment aimed at building and operating the physical AI infrastructure of modern commerce, facilitating its expansion of fulfillment-as-a-service across the nation and increasing market share.
- Facility Expansion Plans: Exol currently has a sold-out site in California and has opened a one million square foot facility in Atlanta, with plans to develop four additional multi-client sites across the U.S. in the next 12 months, further expanding its logistics network.
- Technological Integration Benefits: The collaboration with Manhattan will enable Exol to unify warehouse and transportation operations, leveraging advanced automation and digital intelligence to enhance supply chain stability and flexibility in response to evolving market demands.
See More
Exol Partners with Manhattan Associates for AI-Driven Supply Chain Solutions
- Strategic Partnership: Exol has formed a partnership with Manhattan Associates to utilize their Manhattan Active® Warehouse Management and Transportation Management platforms, which is expected to significantly enhance Exol's competitive edge in the modern logistics ecosystem by improving execution efficiency across automated fulfillment centers.
- Financial Backing: Exol has secured a $7.5 billion investment commitment from SoftBank Group and Symbotic, ensuring that it can continue to innovate and optimize its AI-driven logistics infrastructure while rapidly expanding its operations.
- Facility Expansion: Exol's network now spans six facilities totaling six million square feet in the U.S., including a newly opened one million square foot facility in Atlanta, with plans to launch four additional multi-client sites within the next 12 months, thereby increasing its market share.
- Technology Integration: The collaboration with Manhattan will enable Exol to unify warehouse and transportation operations, leveraging a cloud-native platform to enhance supply chain stability and flexibility, ultimately driving more efficient operations and improved customer satisfaction.
See More
