Whitaker Myers Wealth Managers LTD. Increases Stock Position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

Whitaker Myers Wealth Managers LTD. boosted its stake in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 8.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 comprises approximately 3.1% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 12th largest position. Whitaker Myers Wealth Managers LTD. owned approximately 4.57% of Invesco S&P MidCap Value with Momentum ETF worth $10,470,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financial Advocates Investment Management lifted its position in Invesco S&P MidCap Value with Momentum ETF by 6.0% in the third quarter. Financial Advocates Investment Management now owns 11,305 shares of the company’s stock valued at $627,000 after acquiring an additional 639 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of 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 valued at $876,000 after buying an additional 2,195 shares during the last quarter. Breakwater Capital Group raised its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 2.9% in the fourth quarter. Breakwater Capital Group now owns 18,928 shares of the company’s stock valued at $1,049,000 after buying an additional 536 shares during the last quarter. Guidance Capital Inc. raised its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 16.0% in the third quarter. Guidance Capital Inc. now owns 24,585 shares of the company’s stock valued at $1,410,000 after buying an additional 3,388 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the second quarter valued at about $1,329,000.

Invesco S&P MidCap Value with Momentum ETF Stock Performance

Shares of NYSEARCA:XMVM opened at $56.86 on Friday. The stock 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 has a one year low of $48.32 and a one year high of $62.50. The company has a 50-day simple moving average of $57.86 and a 200-day simple moving average of $55.79.

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.