Invesco S&P MidCap 400 GARP ETF (NYSEARCA:EWMC) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lowered its holdings in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:EWMC) by 34.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 4,847 shares of the company’s stock after selling 2,578 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $477,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Aspire Wealth Management Corp increased its stake in shares of Invesco S&P MidCap 400 GARP ETF by 1,176.2% during the 4th quarter. Aspire Wealth Management Corp now owns 536 shares of the company’s stock worth $53,000 after purchasing an additional 494 shares in the last quarter. StrategIQ Financial Group LLC acquired a new position in shares of Invesco S&P MidCap 400 GARP ETF in the fourth quarter worth $216,000. Janney Montgomery Scott LLC lifted its position in shares of Invesco S&P MidCap 400 GARP ETF by 8.2% in the third quarter. Janney Montgomery Scott LLC now owns 2,532 shares of the company’s stock valued at $221,000 after acquiring an additional 191 shares in the last quarter. Atomi Financial Group Inc. acquired a new stake in shares of Invesco S&P MidCap 400 GARP ETF during the third quarter valued at $336,000. Finally, Arkadios Wealth Advisors purchased a new stake in Invesco S&P MidCap 400 GARP ETF during the 4th quarter worth about $339,000.

Invesco S&P MidCap 400 GARP ETF Trading Up 0.8 %

Shares of EWMC stock opened at $117.62 on Wednesday. The company has a market capitalization of $403.44 million, a price-to-earnings ratio of 11.81 and a beta of 1.14. The firm has a 50-day moving average price of $114.82 and a 200 day moving average price of $101.69. Invesco S&P MidCap 400 GARP ETF has a twelve month low of $74.63 and a twelve month high of $96.13.

About Invesco S&P MidCap 400 GARP ETF

The Invesco S&P MidCap 400 Equal Weight ETF (EWMC) is an exchange-traded fund that is based on the S&P MidCap 400 Equal Weighted index. The fund tracks an equal-weighted index consisting of mid-cap US firms. EWMC was launched on Dec 8, 2010 and is managed by Invesco.