Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,889 shares of the company’s stock after selling 486 shares during the quarter. Cetera Investment Advisers owned approximately 0.65% of Invesco S&P MidCap Value with Momentum ETF worth $1,389,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P MidCap Value with Momentum ETF during the second quarter valued at $88,000. ORG Partners LLC purchased a new stake in shares of Invesco S&P MidCap Value with Momentum ETF during the second quarter worth $26,000. Trilogy Capital Inc. boosted its position in Invesco S&P MidCap Value with Momentum ETF by 73.0% during the first quarter. Trilogy Capital Inc. now owns 37,784 shares of the company’s stock valued at $2,052,000 after purchasing an additional 15,942 shares during the last quarter. Breakwater Capital Group increased its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 21.9% during the 1st quarter. Breakwater Capital Group now owns 13,887 shares of the company’s stock worth $754,000 after purchasing an additional 2,498 shares during the last quarter. Finally, Financial Advocates Investment Management boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 148.3% during the 2nd quarter. Financial Advocates Investment Management now owns 10,666 shares of the company’s stock worth $551,000 after acquiring an additional 6,371 shares in the last quarter.

Invesco S&P MidCap Value with Momentum ETF Stock Up 0.0 %

NYSEARCA:XMVM opened at $56.38 on Wednesday. The firm has a market cap of $232.83 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 $42.47 and a 12 month high of $57.35. The company’s 50 day moving average is $54.46 and its 200-day moving average is $53.26.

Invesco S&P MidCap Value with Momentum ETF 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.