International Assets Investment Management LLC Purchases Shares of 62,103 Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

International Assets Investment Management LLC acquired a new position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 62,103 shares of the company’s stock, valued at approximately $3,126,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Envestnet Asset Management Inc. boosted its holdings in Invesco S&P MidCap Value with Momentum ETF by 3.3% during the second quarter. Envestnet Asset Management Inc. now owns 10,977 shares of the company’s stock worth $506,000 after buying an additional 347 shares in the last quarter. MML Investors Services LLC lifted its position in shares of Invesco S&P MidCap Value with Momentum ETF by 6.2% during the 1st quarter. MML Investors Services LLC now owns 7,637 shares of the company’s stock valued at $333,000 after acquiring an additional 444 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 0.5% during the 2nd quarter. Royal Bank of Canada now owns 94,669 shares of the company’s stock worth $4,365,000 after acquiring an additional 472 shares in the last quarter. Citigroup Inc. boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 1.7% during the 3rd quarter. Citigroup Inc. now owns 29,382 shares of the company’s stock worth $1,347,000 after acquiring an additional 488 shares in the last quarter. Finally, Stifel Financial Corp grew its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 3.2% in the 2nd quarter. Stifel Financial Corp now owns 16,893 shares of the company’s stock worth $779,000 after acquiring an additional 518 shares during the last quarter.

Invesco S&P MidCap Value with Momentum ETF Stock Down 0.9 %

Shares of NYSEARCA XMVM opened at $50.55 on Thursday. Invesco S&P MidCap Value with Momentum ETF has a 12 month low of $40.11 and a 12 month high of $54.73. The company has a market cap of $207.76 million, a price-to-earnings ratio of 7.78 and a beta of 1.06. The business has a fifty day simple moving average of $51.61 and a 200-day simple moving average of $48.69.

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.