45,320 Shares in Invesco S&P MidCap Value with Momentum ETF $XMVM Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans bought a new stake in shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 45,320 shares of the company’s stock, valued at approximately $2,908,000. Thrivent Financial for Lutherans owned approximately 0.78% of Invesco S&P MidCap Value with Momentum ETF at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA increased its position in Invesco S&P MidCap Value with Momentum ETF by 46.4% during the 4th quarter. Private Trust Co. NA now owns 694 shares of the company’s stock valued at $45,000 after buying an additional 220 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 123.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,106 shares of the company’s stock valued at $71,000 after purchasing an additional 610 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P MidCap Value with Momentum ETF in the fourth quarter valued at about $76,000. GPS Wealth Strategies Group LLC increased its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 378.7% in the third quarter. GPS Wealth Strategies Group LLC now owns 2,226 shares of the company’s stock valued at $137,000 after purchasing an additional 1,761 shares during the period. Finally, MOR Wealth Management LLC acquired a new position in shares of Invesco S&P MidCap Value with Momentum ETF in the fourth quarter valued at about $225,000.

Invesco S&P MidCap Value with Momentum ETF Stock Performance

Shares of XMVM stock opened at $68.84 on Monday. The stock’s 50-day simple moving average is $67.06 and its 200-day simple moving average is $65.80. The firm has a market capitalization of $449.53 million, a PE ratio of 11.50 and a beta of 1.00. Invesco S&P MidCap Value with Momentum ETF has a fifty-two week low of $52.85 and a fifty-two week high of $70.13.

Invesco S&P MidCap Value with Momentum ETF 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.