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

A number of other hedge funds and other institutional investors have also modified their holdings of XMVM. Financial Advocates Investment Management grew its stake in Invesco S&P MidCap Value with Momentum ETF by 6.0% during the 3rd quarter. Financial Advocates Investment Management now owns 11,305 shares of the company’s stock valued at $627,000 after purchasing an additional 639 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 14.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,959 shares of the company’s stock valued at $876,000 after buying an additional 2,195 shares during the last quarter. Breakwater Capital Group boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 2.9% during the 4th quarter. Breakwater Capital Group now owns 18,928 shares of the company’s stock valued at $1,049,000 after buying an additional 536 shares during the last quarter. Guidance Capital Inc. grew its position in shares of Invesco S&P MidCap Value with Momentum ETF by 16.0% during the third quarter. Guidance Capital Inc. now owns 24,585 shares of the company’s stock worth $1,410,000 after buying an additional 3,388 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the second quarter worth $1,329,000.

Invesco S&P MidCap Value with Momentum ETF Price Performance

NYSEARCA XMVM opened at $57.04 on Friday. The company has a market capitalization of $235.58 million, a price-to-earnings ratio of 7.82 and a beta of 1.04. 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’s fifty day moving average price is $57.63 and its two-hundred day moving average price is $56.00.

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.