Commonwealth Equity Services LLC Acquires 444 Shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

Commonwealth Equity Services LLC increased its holdings in shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 0.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 91,515 shares of the company’s stock after buying an additional 444 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P MidCap Value with Momentum ETF were worth $5,072,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Avior Wealth Management LLC boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 4.7% during the fourth quarter. Avior Wealth Management LLC now owns 521,333 shares of the company’s stock valued at $28,892,000 after purchasing an additional 23,494 shares in the last quarter. Whitaker Myers Wealth Managers LTD. lifted its position in Invesco S&P MidCap Value with Momentum ETF by 8.7% during the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 188,927 shares of the company’s stock valued at $10,470,000 after acquiring an additional 15,121 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco S&P MidCap Value with Momentum ETF during the fourth quarter valued at approximately $7,395,000. Ameritas Advisory Services LLC lifted its position in Invesco S&P MidCap Value with Momentum ETF by 5.2% during the fourth quarter. Ameritas Advisory Services LLC now owns 42,792 shares of the company’s stock valued at $2,372,000 after acquiring an additional 2,118 shares during the last quarter. Finally, Guidance Capital Inc. lifted its position in Invesco S&P MidCap Value with Momentum ETF by 10.4% during the fourth quarter. Guidance Capital Inc. now owns 27,137 shares of the company’s stock valued at $1,548,000 after acquiring an additional 2,552 shares during the last quarter.

Invesco S&P MidCap Value with Momentum ETF Stock Down 0.9 %

NYSEARCA:XMVM opened at $53.15 on Friday. Invesco S&P MidCap Value with Momentum ETF has a 52 week low of $50.04 and a 52 week high of $62.50. The firm has a 50 day moving average of $55.77 and a 200 day moving average of $56.39. The stock has a market capitalization of $248.74 million, a price-to-earnings ratio of 11.23 and a beta of 1.20.

Invesco S&P MidCap Value with Momentum ETF Company Profile

The Invesco S&P MidCap Value with Momentum ETF (XMVM) is an exchange-traded fund that is based on the S&P Midcap 400 High Momentum Value index. The fund tracks a value-weighted index of S&P 400 MidCap stocks selected by value and momentum. XMVM was launched on Mar 3, 2005 and is managed by Invesco.