Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) Shares Sold by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC trimmed its holdings in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,184 shares of the company’s stock after selling 177 shares during the quarter. Cornerstone Wealth Management LLC owned about 0.20% of Invesco S&P MidCap Value with Momentum ETF worth $454,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Avior Wealth Management LLC lifted its position in Invesco S&P MidCap Value with Momentum ETF by 49.9% during the third quarter. Avior Wealth Management LLC now owns 497,839 shares of the company’s stock worth $27,595,000 after buying an additional 165,811 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Invesco S&P MidCap Value with Momentum ETF during the 2nd quarter worth $1,329,000. Whitaker Myers Wealth Managers LTD. boosted its position in shares of Invesco S&P MidCap Value with Momentum ETF by 8.7% during the 4th 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. Guidance Capital Inc. grew its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 16.0% in the third quarter. Guidance Capital Inc. now owns 24,585 shares of the company’s stock valued at $1,410,000 after purchasing an additional 3,388 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P MidCap Value with Momentum ETF by 14.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 16,959 shares of the company’s stock worth $876,000 after purchasing an additional 2,195 shares during the last quarter.

Invesco S&P MidCap Value with Momentum ETF Price Performance

Shares of XMVM stock opened at $57.04 on Friday. The firm’s 50-day moving average is $57.63 and its two-hundred day moving average is $56.00. Invesco S&P MidCap Value with Momentum ETF has a 12 month low of $48.55 and a 12 month high of $62.50. The company has a market capitalization of $235.58 million, a PE ratio of 7.82 and a beta of 1.04.

About Invesco S&P MidCap Value with Momentum ETF

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.