Sigma Planning Corp Cuts Position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

Sigma Planning Corp trimmed its stake in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 55.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,395 shares of the company’s stock after selling 5,556 shares during the period. Sigma Planning Corp owned 0.11% of Invesco S&P MidCap Value with Momentum ETF worth $221,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC lifted its position in Invesco S&P MidCap Value with Momentum ETF by 0.6% during the third quarter. LPL Financial LLC now owns 401,123 shares of the company’s stock valued at $18,388,000 after acquiring an additional 2,465 shares during the last quarter. Whitaker Myers Wealth Managers LTD. lifted its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 16.8% during the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 133,113 shares of the company’s stock valued at $6,701,000 after purchasing an additional 19,109 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 1.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 108,219 shares of the company’s stock valued at $4,961,000 after purchasing an additional 1,644 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Invesco S&P MidCap Value with Momentum ETF by 2.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 83,255 shares of the company’s stock worth $4,191,000 after purchasing an additional 2,363 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in Invesco S&P MidCap Value with Momentum ETF during the 4th quarter worth $3,126,000.

Invesco S&P MidCap Value with Momentum ETF Price Performance

Shares of NYSEARCA:XMVM opened at $52.01 on Tuesday. The firm has a market capitalization of $213.74 million, a P/E ratio of 7.78 and a beta of 1.06. The business’s 50-day moving average is $51.86 and its 200 day moving average is $49.09. Invesco S&P MidCap Value with Momentum ETF has a 1 year low of $40.11 and a 1 year high of $54.73.

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.