Commonwealth Equity Services LLC Sells 43,018 Shares of Invesco S&P MidCap Value with Momentum ETF $XMVM

Commonwealth Equity Services LLC cut its holdings in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 39.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 67,146 shares of the company’s stock after selling 43,018 shares during the quarter. Commonwealth Equity Services LLC owned about 1.16% of Invesco S&P MidCap Value with Momentum ETF worth $4,308,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Janney Montgomery Scott LLC boosted its stake in Invesco S&P MidCap Value with Momentum ETF by 23.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 4,696 shares of the company’s stock valued at $301,000 after acquiring an additional 891 shares during the last quarter. LPL Financial LLC boosted its stake in Invesco S&P MidCap Value with Momentum ETF by 3.3% in the fourth quarter. LPL Financial LLC now owns 562,745 shares of the company’s stock valued at $36,106,000 after acquiring an additional 18,141 shares during the last quarter. Sarver Vrooman Wealth Advisors bought a new position in Invesco S&P MidCap Value with Momentum ETF in the fourth quarter valued at approximately $63,000. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P MidCap Value with Momentum ETF by 14.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 148,670 shares of the company’s stock valued at $9,539,000 after acquiring an additional 18,909 shares during the last quarter. Finally, IFP Advisors Inc bought a new position in Invesco S&P MidCap Value with Momentum ETF in the fourth quarter valued at approximately $43,000.

Invesco S&P MidCap Value with Momentum ETF Stock Performance

Shares of XMVM stock opened at $69.53 on Monday. Invesco S&P MidCap Value with Momentum ETF has a 52-week low of $53.68 and a 52-week high of $70.13. The stock has a market cap of $454.03 million, a PE ratio of 11.50 and a beta of 0.98. The firm’s 50 day moving average price is $68.00 and its two-hundred day moving average price is $66.42.

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.