Seaview Investment Managers LLC Sells 25,012 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Seaview Investment Managers LLC lowered its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 92.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,062 shares of the company’s stock after selling 25,012 shares during the quarter. Seaview Investment Managers LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $286,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Oppenheimer & Co. Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 0.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 11,845 shares of the company’s stock worth $1,640,000 after purchasing an additional 86 shares in the last quarter. Crescent Sterling Ltd. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 4.4% in the fourth quarter. Crescent Sterling Ltd. now owns 2,233 shares of the company’s stock worth $309,000 after purchasing an additional 95 shares in the last quarter. Advisory Services Network LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 2.4% in the third quarter. Advisory Services Network LLC now owns 4,004 shares of the company’s stock worth $541,000 after purchasing an additional 95 shares in the last quarter. Tactive Advisors LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 1.2% in the fourth quarter. Tactive Advisors LLC now owns 8,474 shares of the company’s stock worth $1,173,000 after purchasing an additional 98 shares in the last quarter. Finally, World Investment Advisors lifted its position in shares of Invesco S&P MidCap Momentum ETF by 1.7% in the fourth quarter. World Investment Advisors now owns 6,622 shares of the company’s stock worth $910,000 after purchasing an additional 113 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO stock opened at $164.80 on Tuesday. The company’s fifty day simple moving average is $155.28 and its 200-day simple moving average is $146.30. The firm has a market cap of $6.96 billion, a PE ratio of 22.06 and a beta of 1.09. Invesco S&P MidCap Momentum ETF has a 12 month low of $120.83 and a 12 month high of $170.16.

Invesco S&P MidCap Momentum ETF Profile

The Invesco S&P MidCap Momentum ETF (XMMO) is an exchange-traded fund that is based on the S&P MidCap 400 Momentum (USD) index. The fund tracks an index of S&P 400 MidCap stocks selected by momentum and weighted by market cap and momentum. XMMO was launched on Mar 3, 2005 and is managed by Invesco.