Tactive Advisors LLC Invests $2.06 Million in Invesco S&P MidCap Value with Momentum ETF $XMVM

Tactive Advisors LLC acquired a new position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 31,633 shares of the company’s stock, valued at approximately $2,060,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in XMVM. LPL Financial LLC grew its position in Invesco S&P MidCap Value with Momentum ETF by 3.3% during the fourth quarter. LPL Financial LLC now owns 562,745 shares of the company’s stock valued at $36,106,000 after buying an additional 18,141 shares during the period. Bank of America Corp DE raised its position in Invesco S&P MidCap Value with Momentum ETF by 0.5% in the third quarter. Bank of America Corp DE now owns 261,019 shares of the company’s stock worth $16,086,000 after acquiring an additional 1,187 shares during the period. Raymond James Financial Inc. raised its position in Invesco S&P MidCap Value with Momentum ETF by 7.7% in the third quarter. Raymond James Financial Inc. now owns 149,246 shares of the company’s stock worth $9,198,000 after acquiring an additional 10,608 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P MidCap Value with Momentum ETF by 14.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 148,670 shares of the company’s stock worth $9,539,000 after acquiring an additional 18,909 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 6.8% during the 4th quarter. Royal Bank of Canada now owns 79,297 shares of the company’s stock worth $5,087,000 after acquiring an additional 5,062 shares during the last quarter.

Invesco S&P MidCap Value with Momentum ETF Price Performance

Shares of Invesco S&P MidCap Value with Momentum ETF stock opened at $69.75 on Monday. Invesco S&P MidCap Value with Momentum ETF has a 1-year low of $53.99 and a 1-year high of $71.81. The company’s fifty day simple moving average is $68.94 and its 200-day simple moving average is $67.05. The stock has a market capitalization of $455.47 million, a PE ratio of 11.50 and a beta of 0.98.

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.