American Financial Advisors LLC Sells 262 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

American Financial Advisors LLC reduced its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,348 shares of the company’s stock after selling 262 shares during the period. American Financial Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $570,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Tennessee Valley Asset Management Partners bought a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $219,000. Signature Estate & Investment Advisors LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF by 4.4% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 12,121 shares of the company’s stock worth $1,089,000 after acquiring an additional 506 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $363,000. Private Trust Co. NA raised its stake in shares of Invesco S&P MidCap Momentum ETF by 8.4% in the fourth quarter. Private Trust Co. NA now owns 2,852 shares of the company’s stock worth $256,000 after acquiring an additional 220 shares during the last quarter. Finally, Aspire Wealth Management Corp raised its stake in shares of Invesco S&P MidCap Momentum ETF by 2.9% in the fourth quarter. Aspire Wealth Management Corp now owns 100,642 shares of the company’s stock worth $9,039,000 after acquiring an additional 2,838 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 0.5 %

Shares of XMMO traded down $0.53 on Friday, reaching $106.61. 94,625 shares of the company’s stock were exchanged, compared to its average volume of 218,392. The stock has a market capitalization of $2.08 billion, a P/E ratio of 19.55 and a beta of 1.12. The business has a 50 day moving average price of $109.47 and a two-hundred day moving average price of $93.71. Invesco S&P MidCap Momentum ETF has a 12 month low of $72.49 and a 12 month high of $116.53.

Invesco S&P MidCap Momentum ETF Profile

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.