Commonwealth Equity Services LLC Boosts Stake in Invesco S&P MidCap Value with Momentum ETF $XMVM

Commonwealth Equity Services LLC raised its holdings in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 57.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,164 shares of the company’s stock after acquiring an additional 40,414 shares during the period. Commonwealth Equity Services LLC owned approximately 2.14% of Invesco S&P MidCap Value with Momentum ETF worth $6,789,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 288.1% during the second quarter. Envestnet Asset Management Inc. now owns 59,938 shares of the company’s stock worth $3,334,000 after purchasing an additional 44,494 shares in the last quarter. MML Investors Services LLC grew its stake in Invesco S&P MidCap Value with Momentum ETF by 321.7% in the 2nd quarter. MML Investors Services LLC now owns 55,025 shares of the company’s stock worth $3,061,000 after buying an additional 41,976 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Invesco S&P MidCap Value with Momentum ETF by 50.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 120,871 shares of the company’s stock worth $6,724,000 after buying an additional 40,562 shares in the last quarter. Thoroughbred Financial Services LLC bought a new position in shares of Invesco S&P MidCap Value with Momentum ETF in the 2nd quarter worth $877,000. Finally, Osaic Holdings Inc. raised its position in shares of Invesco S&P MidCap Value with Momentum ETF by 69.2% during the 2nd quarter. Osaic Holdings Inc. now owns 34,322 shares of the company’s stock valued at $1,910,000 after buying an additional 14,035 shares in the last quarter.

Invesco S&P MidCap Value with Momentum ETF Stock Performance

NYSEARCA XMVM opened at $65.63 on Wednesday. Invesco S&P MidCap Value with Momentum ETF has a 52-week low of $45.68 and a 52-week high of $66.88. The company has a fifty day moving average of $63.39 and a 200-day moving average of $60.68. The company has a market capitalization of $359.65 million, a P/E ratio of 11.50 and a beta of 1.09.

Invesco S&P MidCap Value with Momentum ETF Company 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.