Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 17,947 shares, a growth of 69.0% from the September 15th total of 10,619 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 40,469 shares, the short-interest ratio is currently 0.4 days.
Invesco S&P MidCap Value with Momentum ETF Stock Performance
Shares of XMVM stock opened at $72.44 on Friday. The firm’s 50 day moving average price is $73.40 and its 200-day moving average price is $71.23. Invesco S&P MidCap Value with Momentum ETF has a one year low of $58.18 and a one year high of $76.01. The firm has a market cap of $515.05 million, a P/E ratio of 11.50 and a beta of 0.98.
Institutional Trading of Invesco S&P MidCap Value with Momentum ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Western Wealth Management LLC purchased a new position in shares of Invesco S&P MidCap Value with Momentum ETF during the first quarter worth $37,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the second quarter valued at $52,000. SHP Wealth Management purchased a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the 4th quarter valued at $103,000. AdvisorNet Financial Inc purchased a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the 1st quarter valued at $109,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 51.2% in the 1st quarter. Kestra Advisory Services LLC now owns 3,150 shares of the company’s stock valued at $205,000 after buying an additional 1,067 shares during the period.
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.
Featured Stories
- Five stocks we like better than Invesco S&P MidCap Value with Momentum ETF
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Invesco S&P MidCap Value with Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Value with Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
