Thrivent Financial for Lutherans Sells 568 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Thrivent Financial for Lutherans lessened its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 8.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,830 shares of the company’s stock after selling 568 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Invesco S&P MidCap Momentum ETF were worth $702,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 1.6% in the second quarter. LPL Financial LLC now owns 1,462,834 shares of the company’s stock worth $166,748,000 after purchasing an additional 23,229 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P MidCap Momentum ETF by 2.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock worth $36,619,000 after buying an additional 7,717 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Invesco S&P MidCap Momentum ETF by 12.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 294,088 shares of the company’s stock valued at $33,523,000 after buying an additional 32,271 shares during the period. Affinity Wealth Management LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.5% during the third quarter. Affinity Wealth Management LLC now owns 253,773 shares of the company’s stock valued at $30,537,000 after acquiring an additional 3,810 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 34.7% during the second quarter. Foundations Investment Advisors LLC now owns 215,906 shares of the company’s stock valued at $24,611,000 after acquiring an additional 55,650 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 0.2 %

NYSEARCA:XMMO opened at $134.61 on Wednesday. The company has a 50-day moving average price of $125.88 and a 200-day moving average price of $118.96. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 12 month low of $83.66 and a 12 month high of $137.14.

Invesco S&P MidCap Momentum ETF Company Profile

The Invesco S&P MidCap Momentum ETF (XMMO) is an exchange-traded fund that is based on the S&P MidCap 400 Momentum (USD) index. The fund tracks an index of S&P 400 MidCap stocks selected by momentum and weighted by market cap and momentum. XMMO was launched on Mar 3, 2005 and is managed by Invesco.