Parcion Private Wealth LLC Invests $224,000 in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

Parcion Private Wealth LLC bought a new position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,046 shares of the company’s stock, valued at approximately $224,000. Parcion Private Wealth LLC owned about 0.10% of Invesco S&P MidCap Value with Momentum ETF as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the fourth quarter worth about $317,000. Silver Oak Securities Incorporated purchased a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the fourth quarter worth about $1,164,000. Guidance Capital Inc. boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 10.4% in the fourth quarter. Guidance Capital Inc. now owns 27,137 shares of the company’s stock worth $1,548,000 after buying an additional 2,552 shares during the last quarter. Avior Wealth Management LLC boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 4.7% in the fourth quarter. Avior Wealth Management LLC now owns 521,333 shares of the company’s stock worth $28,892,000 after buying an additional 23,494 shares during the last quarter. Finally, Whitaker Myers Wealth Managers LTD. boosted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 8.7% in the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 188,927 shares of the company’s stock worth $10,470,000 after buying an additional 15,121 shares during the last quarter.

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

NYSEARCA XMVM opened at $57.21 on Thursday. The stock has a market capitalization of $236.28 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 twelve month low of $49.22 and a twelve month high of $62.50. The stock has a 50-day moving average of $56.53 and a 200 day moving average of $56.37.

Invesco S&P MidCap Value with Momentum ETF 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.