Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) Shares Sold by Raymond James & Associates

Raymond James & Associates cut its holdings in shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 45.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,539 shares of the company’s stock after selling 18,007 shares during the period. Raymond James & Associates owned 0.54% of Invesco S&P MidCap Value with Momentum ETF worth $993,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of XMVM. Royal Bank of Canada increased its position in Invesco S&P MidCap Value with Momentum ETF by 1,500.5% during the 1st quarter. Royal Bank of Canada now owns 654,095 shares of the company’s stock worth $31,527,000 after purchasing an additional 613,227 shares during the period. Bank of America Corp DE lifted its holdings in Invesco S&P MidCap Value with Momentum ETF by 353.0% in the first quarter. Bank of America Corp DE now owns 99,071 shares of the company’s stock valued at $4,775,000 after acquiring an additional 77,202 shares during the period. Captrust Financial Advisors lifted its holdings in Invesco S&P MidCap Value with Momentum ETF by 0.9% in the third quarter. Captrust Financial Advisors now owns 89,936 shares of the company’s stock valued at $3,476,000 after acquiring an additional 801 shares during the period. Atria Wealth Solutions Inc. purchased a new stake in shares of Invesco S&P MidCap Value with Momentum ETF during the 1st quarter worth $4,199,000. Finally, Wells Fargo & Company MN grew its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 32.4% during the 4th quarter. Wells Fargo & Company MN now owns 86,092 shares of the company’s stock worth $3,791,000 after purchasing an additional 21,048 shares during the period.

Invesco S&P MidCap Value with Momentum ETF Trading Up 2.0 %

Shares of Invesco S&P MidCap Value with Momentum ETF stock opened at $45.57 on Friday. The company has a 50-day moving average of $45.49 and a two-hundred day moving average of $45.09. Invesco S&P MidCap Value with Momentum ETF has a 12-month low of $40.11 and a 12-month high of $49.63. The stock has a market cap of $182.28 million, a PE ratio of 6.47 and a beta of 1.13.

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.