Wealth Enhancement Trust Services Inc. Boosts Stock Holdings in Invesco S&P MidCap Value with Momentum ETF $XMVM

Wealth Enhancement Trust Services Inc. increased its stake in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 102.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,102 shares of the company’s stock after buying an additional 12,188 shares during the period. Wealth Enhancement Trust Services Inc.’s holdings in Invesco S&P MidCap Value with Momentum ETF were worth $1,681,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Citadel Advisors LLC boosted its position in Invesco S&P MidCap Value with Momentum ETF by 134.9% in the 2nd quarter. Citadel Advisors LLC now owns 18,493 shares of the company’s stock valued at $1,312,000 after buying an additional 10,620 shares during the period. Sovran Advisors LLC bought a new stake in shares of Invesco S&P MidCap Value with Momentum ETF during the first quarter valued at approximately $882,000. Tactive Advisors LLC bought a new stake in shares of Invesco S&P MidCap Value with Momentum ETF during the first quarter valued at approximately $2,060,000. Whitaker Myers Wealth Managers LTD. boosted its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 6.5% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 230,965 shares of the company’s stock valued at $16,380,000 after purchasing an additional 14,184 shares during the period. Finally, Independent Financial Group LLC purchased a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the first quarter valued at approximately $4,359,000.

Invesco S&P MidCap Value with Momentum ETF Stock Down 1.2%

NYSEARCA:XMVM traded down $0.87 during midday trading on Wednesday, hitting $70.79. The stock had a trading volume of 12,772 shares, compared to its average volume of 33,508. The stock has a 50-day moving average of $73.77 and a 200 day moving average of $70.93. The company has a market capitalization of $503.32 million, a price-to-earnings ratio of 11.50 and a beta of 0.98. Invesco S&P MidCap Value with Momentum ETF has a one year low of $58.18 and a one year high of $76.01.

Invesco S&P MidCap Value with Momentum ETF 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.