Guidance Capital Inc. Grows Stake in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

Guidance Capital Inc. increased its stake in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 16.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,585 shares of the company’s stock after acquiring an additional 3,388 shares during the period. Guidance Capital Inc. owned approximately 0.60% of Invesco S&P MidCap Value with Momentum ETF worth $1,410,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Whitaker Myers Wealth Managers LTD. grew its position in Invesco S&P MidCap Value with Momentum ETF by 4.9% in the third quarter. Whitaker Myers Wealth Managers LTD. now owns 173,806 shares of the company’s stock worth $9,634,000 after acquiring an additional 8,182 shares in the last quarter. Ameritas Advisory Services LLC grew its position in Invesco S&P MidCap Value with Momentum ETF by 2.9% in the second quarter. Ameritas Advisory Services LLC now owns 38,797 shares of the company’s stock worth $2,004,000 after acquiring an additional 1,081 shares in the last quarter. Trilogy Capital Inc. grew its position in Invesco S&P MidCap Value with Momentum ETF by 73.0% in the first quarter. Trilogy Capital Inc. now owns 37,784 shares of the company’s stock worth $2,052,000 after acquiring an additional 15,942 shares in the last quarter. Raymond James & Associates grew its position in Invesco S&P MidCap Value with Momentum ETF by 16.8% in the second quarter. Raymond James & Associates now owns 29,678 shares of the company’s stock worth $1,533,000 after acquiring an additional 4,265 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in Invesco S&P MidCap Value with Momentum ETF in the second quarter worth about $1,329,000.

Invesco S&P MidCap Value with Momentum ETF Price Performance

Shares of NYSEARCA:XMVM traded up $0.07 during trading hours on Wednesday, hitting $56.08. 1,700 shares of the company’s stock traded hands, compared to its average volume of 18,392. Invesco S&P MidCap Value with Momentum ETF has a 1 year low of $42.47 and a 1 year high of $57.49. The business has a fifty day moving average price of $54.90 and a 200-day moving average price of $53.37. The firm has a market capitalization of $231.61 million, a P/E ratio of 7.82 and a beta of 1.04.

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.