10,070 Invesco S&P MidCap Momentum ETF $XMMO Shares Sold by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC lessened its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 27.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,691 shares of the company’s stock after selling 10,070 shares during the quarter. Invesco S&P MidCap Momentum ETF accounts for approximately 1.8% of Guardian Asset Advisors LLC’s portfolio, making the stock its 12th largest position. Guardian Asset Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $3,917,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Howard Capital Management LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 6.7% during the third quarter. Howard Capital Management LLC now owns 9,988 shares of the company’s stock valued at $1,466,000 after buying an additional 628 shares during the last quarter. R2 Capital Strategies LLC lifted its position in Invesco S&P MidCap Momentum ETF by 20.5% in the 3rd quarter. R2 Capital Strategies LLC now owns 7,125 shares of the company’s stock valued at $1,046,000 after acquiring an additional 1,212 shares in the last quarter. HBW Advisory Services LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 8.6% during the 3rd quarter. HBW Advisory Services LLC now owns 34,343 shares of the company’s stock valued at $5,040,000 after purchasing an additional 2,721 shares during the last quarter. Mather Group LLC. bought a new stake in Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $86,000. Finally, Godsey & Gibb Inc. bought a new stake in Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $65,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of Invesco S&P MidCap Momentum ETF stock traded down $2.24 on Friday, hitting $139.72. The company had a trading volume of 519,864 shares, compared to its average volume of 352,214. The stock has a market capitalization of $6.73 billion, a price-to-earnings ratio of 22.06 and a beta of 1.10. Invesco S&P MidCap Momentum ETF has a 1 year low of $129.31 and a 1 year high of $173.94. The stock has a 50 day moving average of $152.03 and a 200-day moving average of $158.25.

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.