MML Investors Services LLC Trims Stock Position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

MML Investors Services LLC decreased its holdings in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 5.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,573 shares of the company’s stock after selling 776 shares during the quarter. MML Investors Services LLC owned 0.30% of Invesco S&P MidCap Value with Momentum ETF worth $697,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P MidCap Value with Momentum ETF during the 2nd quarter worth $88,000. Financial Advocates Investment Management lifted its position in Invesco S&P MidCap Value with Momentum ETF by 148.3% during the second quarter. Financial Advocates Investment Management now owns 10,666 shares of the company’s stock valued at $551,000 after purchasing an additional 6,371 shares in the last quarter. Breakwater Capital Group grew its holdings in Invesco S&P MidCap Value with Momentum ETF by 12.0% during the second quarter. Breakwater Capital Group now owns 15,550 shares of the company’s stock valued at $803,000 after purchasing an additional 1,663 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P MidCap Value with Momentum ETF by 14.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 16,959 shares of the company’s stock worth $876,000 after buying an additional 2,195 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 12.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 21,831 shares of the company’s stock worth $1,127,000 after buying an additional 2,365 shares during the period.

Invesco S&P MidCap Value with Momentum ETF Trading Up 0.6 %

Shares of NYSEARCA:XMVM opened at $55.39 on Friday. The stock has a 50 day moving average of $58.41 and a 200 day moving average of $55.27. The company has a market cap of $228.76 million, a PE ratio of 7.82 and a beta of 1.04. Invesco S&P MidCap Value with Momentum ETF has a 12-month low of $48.00 and a 12-month high of $62.50.

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.