Seaview Investment Managers LLC Sells 25,012 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Seaview Investment Managers LLC cut its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 92.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,062 shares of the company’s stock after selling 25,012 shares during the quarter. Seaview Investment Managers LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $286,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of XMMO. Principle Wealth Partners LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 171.7% during the fourth quarter. Principle Wealth Partners LLC now owns 38,776 shares of the company’s stock valued at $5,369,000 after acquiring an additional 24,507 shares during the period. Axxcess Wealth Management LLC grew its position in Invesco S&P MidCap Momentum ETF by 1,552.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 122,216 shares of the company’s stock worth $16,922,000 after purchasing an additional 114,822 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in Invesco S&P MidCap Momentum ETF by 18.8% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 37,901 shares of the company’s stock worth $5,248,000 after purchasing an additional 6,006 shares during the last quarter. Northbridge Financial Group LLC acquired a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter worth $2,299,000. Finally, Creative Financial Designs Inc. ADV grew its position in Invesco S&P MidCap Momentum ETF by 9.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 27,890 shares of the company’s stock worth $3,862,000 after purchasing an additional 2,365 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

NYSEARCA XMMO opened at $164.80 on Tuesday. The firm has a market capitalization of $6.96 billion, a price-to-earnings ratio of 22.06 and a beta of 1.09. The company’s fifty day moving average is $155.28 and its two-hundred day moving average is $146.30. Invesco S&P MidCap Momentum ETF has a 52-week low of $120.83 and a 52-week high of $170.16.

About Invesco S&P MidCap Momentum ETF

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.