Breakwater Capital Group Decreases Stock Holdings in Invesco S&P MidCap Value with Momentum ETF $XMVM

Breakwater Capital Group reduced its position in shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 7.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,604 shares of the company’s stock after selling 1,702 shares during the period. Breakwater Capital Group’s holdings in Invesco S&P MidCap Value with Momentum ETF were worth $1,146,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. LPL Financial LLC lifted its position in shares of Invesco S&P MidCap Value with Momentum ETF by 3.3% during the 1st quarter. LPL Financial LLC now owns 427,334 shares of the company’s stock worth $22,539,000 after purchasing an additional 13,538 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Invesco S&P MidCap Value with Momentum ETF by 3.9% during the 4th quarter. Bank of America Corp DE now owns 267,438 shares of the company’s stock worth $14,821,000 after purchasing an additional 10,105 shares during the last quarter. Whitaker Myers Wealth Managers LTD. lifted its position in Invesco S&P MidCap Value with Momentum ETF by 5.5% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 219,990 shares of the company’s stock valued at $12,237,000 after acquiring an additional 11,427 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Invesco S&P MidCap Value with Momentum ETF by 67.3% in the fourth quarter. Ameriprise Financial Inc. now owns 180,023 shares of the company’s stock valued at $9,977,000 after acquiring an additional 72,414 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in Invesco S&P MidCap Value with Momentum ETF by 8.2% in the first quarter. Raymond James Financial Inc. now owns 144,375 shares of the company’s stock valued at $7,615,000 after acquiring an additional 10,948 shares during the last quarter.

Invesco S&P MidCap Value with Momentum ETF Price Performance

Shares of XMVM opened at $61.25 on Wednesday. Invesco S&P MidCap Value with Momentum ETF has a 1-year low of $45.68 and a 1-year high of $62.85. The stock has a market cap of $287.88 million, a PE ratio of 11.50 and a beta of 1.13. The firm has a fifty day moving average price of $58.48 and a 200 day moving average price of $55.01.

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.