Sovran Advisors LLC Invests $882,000 in Invesco S&P MidCap Value with Momentum ETF $XMVM

Sovran Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVMFree Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 12,660 shares of the company’s stock, valued at approximately $882,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Roman Butler Fullerton & Co. lifted its position in Invesco S&P MidCap Value with Momentum ETF by 86.2% in the 4th quarter. Roman Butler Fullerton & Co. now owns 20,429 shares of the company’s stock valued at $1,364,000 after acquiring an additional 9,456 shares in the last quarter. Tactive Advisors LLC purchased a new stake in Invesco S&P MidCap Value with Momentum ETF during the 1st quarter valued at $2,060,000. Thrivent Financial for Lutherans purchased a new stake in Invesco S&P MidCap Value with Momentum ETF during the 4th quarter valued at $2,908,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 14.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 148,670 shares of the company’s stock worth $9,539,000 after purchasing an additional 18,909 shares in the last quarter. Finally, Guidance Capital Inc. increased its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 5.7% in the 4th quarter. Guidance Capital Inc. now owns 39,089 shares of the company’s stock worth $2,610,000 after purchasing an additional 2,091 shares in the last quarter.

Invesco S&P MidCap Value with Momentum ETF Price Performance

XMVM stock opened at $72.31 on Tuesday. Invesco S&P MidCap Value with Momentum ETF has a 1-year low of $54.32 and a 1-year high of $72.61. The business has a fifty day moving average price of $69.83 and a 200-day moving average price of $67.79. The stock has a market capitalization of $486.65 million, a P/E ratio of 11.50 and a beta of 0.98.

About Invesco S&P MidCap Value with Momentum ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

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