Verde Capital Management Has $2.04 Million Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Verde Capital Management lessened its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 7.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,484 shares of the company’s stock after selling 1,346 shares during the quarter. Verde Capital Management owned about 0.08% of Invesco S&P MidCap Momentum ETF worth $2,036,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. American Trust increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.1% in the third quarter. American Trust now owns 7,835 shares of the company’s stock valued at $943,000 after purchasing an additional 84 shares in the last quarter. Meridian Financial LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 3.2% in the 4th quarter. Meridian Financial LLC now owns 3,250 shares of the company’s stock valued at $401,000 after buying an additional 100 shares during the period. Park Avenue Securities LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 2.6% during the third quarter. Park Avenue Securities LLC now owns 4,111 shares of the company’s stock worth $495,000 after acquiring an additional 103 shares during the last quarter. Advisory Alpha LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 6.4% during the fourth quarter. Advisory Alpha LLC now owns 1,850 shares of the company’s stock valued at $229,000 after acquiring an additional 112 shares during the period. Finally, Atria Investments Inc boosted its holdings in Invesco S&P MidCap Momentum ETF by 0.9% in the third quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock valued at $1,578,000 after acquiring an additional 122 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 0.3 %

Shares of NYSEARCA:XMMO opened at $132.59 on Friday. The stock has a market capitalization of $2.59 billion, a P/E ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1-year low of $92.01 and a 1-year high of $137.14. The business has a 50-day moving average price of $129.09 and a two-hundred day moving average price of $122.38.

About Invesco S&P MidCap Momentum ETF

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.