Avior Wealth Management LLC Purchases New Stake in Invesco S&P MidCap Value with Momentum ETF $XMVM

Avior Wealth Management LLC acquired a new position in shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 442,037 shares of the company’s stock, valued at approximately $30,832,000. Invesco S&P MidCap Value with Momentum ETF makes up 0.8% of Avior Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding. Avior Wealth Management LLC owned 0.06% of Invesco S&P MidCap Value with Momentum ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in XMVM. Western Wealth Management LLC acquired a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the 1st quarter valued at approximately $37,000. Integrated Wealth Concepts LLC acquired a new position in Invesco S&P MidCap Value with Momentum ETF during the second quarter worth $52,000. SHP Wealth Management acquired a new position in Invesco S&P MidCap Value with Momentum ETF during the fourth quarter worth $103,000. AdvisorNet Financial Inc acquired a new position in Invesco S&P MidCap Value with Momentum ETF during the first quarter worth $109,000. Finally, Kestra Advisory Services LLC increased its holdings in Invesco S&P MidCap Value with Momentum ETF by 51.2% during the first quarter. Kestra Advisory Services LLC now owns 3,150 shares of the company’s stock worth $205,000 after buying an additional 1,067 shares during the last quarter.

Invesco S&P MidCap Value with Momentum ETF Trading Up 0.5%

NYSEARCA XMVM opened at $71.47 on Tuesday. The firm’s fifty day moving average price is $73.57 and its two-hundred day moving average price is $71.08. Invesco S&P MidCap Value with Momentum ETF has a 1 year low of $58.18 and a 1 year high of $76.01. The firm has a market capitalization of $508.15 million, a P/E ratio of 11.50 and a beta of 0.98.

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.