Whitaker Myers Wealth Managers LTD. Buys 15,121 Shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

Whitaker Myers Wealth Managers LTD. raised its stake in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 8.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 188,927 shares of the company’s stock after acquiring an additional 15,121 shares during the period. Invesco S&P MidCap Value with Momentum ETF makes up approximately 3.1% of Whitaker Myers Wealth Managers LTD.’s holdings, making the stock its 12th largest holding. Whitaker Myers Wealth Managers LTD.’s holdings in Invesco S&P MidCap Value with Momentum ETF were worth $10,470,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of XMVM. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P MidCap Value with Momentum ETF by 14.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,959 shares of the company’s stock valued at $876,000 after acquiring an additional 2,195 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Invesco S&P MidCap Value with Momentum ETF during the 2nd quarter worth approximately $1,329,000. Guidance Capital Inc. boosted its stake in Invesco S&P MidCap Value with Momentum ETF by 16.0% during the 3rd quarter. Guidance Capital Inc. now owns 24,585 shares of the company’s stock worth $1,410,000 after acquiring an additional 3,388 shares during the last quarter. Financial Advocates Investment Management boosted its stake in Invesco S&P MidCap Value with Momentum ETF by 6.0% during the 3rd quarter. Financial Advocates Investment Management now owns 11,305 shares of the company’s stock worth $627,000 after acquiring an additional 639 shares during the last quarter. Finally, Avior Wealth Management LLC boosted its stake in Invesco S&P MidCap Value with Momentum ETF by 49.9% during the 3rd quarter. Avior Wealth Management LLC now owns 497,839 shares of the company’s stock worth $27,595,000 after acquiring an additional 165,811 shares during the last quarter.

Invesco S&P MidCap Value with Momentum ETF Price Performance

Invesco S&P MidCap Value with Momentum ETF stock opened at $56.86 on Friday. The company’s 50 day simple moving average is $57.86 and its 200 day simple moving average is $55.79. Invesco S&P MidCap Value with Momentum ETF has a fifty-two week low of $48.32 and a fifty-two week high of $62.50. The firm has a market capitalization of $234.83 million, a price-to-earnings ratio of 7.82 and a beta of 1.04.

Invesco S&P MidCap Value with Momentum ETF Company Profile

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.