Envestnet Asset Management Inc. Sells 344 Shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

Envestnet Asset Management Inc. decreased its holdings in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,522 shares of the company’s stock after selling 344 shares during the period. Envestnet Asset Management Inc. owned 0.35% of Invesco S&P MidCap Value with Momentum ETF worth $805,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Parcion Private Wealth LLC bought a new position in Invesco S&P MidCap Value with Momentum ETF in the 4th quarter worth approximately $224,000. Ausdal Financial Partners Inc. bought a new position in shares of Invesco S&P MidCap Value with Momentum ETF during the fourth quarter worth $253,000. Signature Estate & Investment Advisors LLC purchased a new position in Invesco S&P MidCap Value with Momentum ETF during the fourth quarter valued at $268,000. Comprehensive Financial Planning Inc. PA bought a new stake in Invesco S&P MidCap Value with Momentum ETF in the 4th quarter valued at $317,000. Finally, Jones Financial Companies Lllp lifted its stake in Invesco S&P MidCap Value with Momentum ETF by 245.1% in the 4th quarter. Jones Financial Companies Lllp now owns 5,759 shares of the company’s stock worth $319,000 after purchasing an additional 4,090 shares in the last quarter.

Invesco S&P MidCap Value with Momentum ETF Stock Up 2.1 %

Shares of Invesco S&P MidCap Value with Momentum ETF stock opened at $52.74 on Friday. Invesco S&P MidCap Value with Momentum ETF has a twelve month low of $45.68 and a twelve month high of $62.50. The business has a 50-day moving average price of $51.82 and a 200-day moving average price of $55.51. The firm has a market cap of $246.82 million, a price-to-earnings ratio of 10.78 and a beta of 1.10.

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.