Sovran Advisors LLC Makes New Investment in Invesco S&P MidCap Value with Momentum ETF $XMVM
by Danessa Lincoln · The Markets DailySovran Advisors LLC bought a new stake in shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,660 shares of the company’s stock, valued at approximately $882,000. Sovran Advisors LLC owned approximately 0.19% of Invesco S&P MidCap Value with Momentum ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently made changes to their positions in the company. Private Trust Co. NA boosted its position in shares of Invesco S&P MidCap Value with Momentum ETF by 46.4% in the 4th quarter. Private Trust Co. NA now owns 694 shares of the company’s stock worth $45,000 after purchasing an additional 220 shares in the last quarter. Sigma Planning Corp raised its stake in Invesco S&P MidCap Value with Momentum ETF by 3.7% during the fourth quarter. Sigma Planning Corp now owns 7,423 shares of the company’s stock valued at $486,000 after buying an additional 266 shares during the last quarter. Ausdal Financial Partners Inc. raised its stake in Invesco S&P MidCap Value with Momentum ETF by 2.9% during the fourth quarter. Ausdal Financial Partners Inc. now owns 10,101 shares of the company’s stock valued at $648,000 after buying an additional 282 shares during the last quarter. Breakwater Capital Group raised its stake in Invesco S&P MidCap Value with Momentum ETF by 2.0% during the first quarter. Breakwater Capital Group now owns 17,983 shares of the company’s stock valued at $1,171,000 after buying an additional 361 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in Invesco S&P MidCap Value with Momentum ETF by 0.8% in the first quarter. Royal Bank of Canada now owns 75,247 shares of the company’s stock worth $3,969,000 after acquiring an additional 579 shares in the last quarter.
Invesco S&P MidCap Value with Momentum ETF Trading Up 0.8%
NYSEARCA XMVM opened at $72.31 on Tuesday. Invesco S&P MidCap Value with Momentum ETF has a 12 month low of $54.32 and a 12 month high of $72.61. The stock has a market cap of $486.65 million, a P/E ratio of 11.50 and a beta of 0.98. The stock’s fifty day moving average price is $69.83 and its 200-day moving average price is $67.79.
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.
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