Tennessee Valley Asset Management Partners Sells 302 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Tennessee Valley Asset Management Partners decreased its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 7.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,626 shares of the company’s stock after selling 302 shares during the period. Tennessee Valley Asset Management Partners’ holdings in Invesco S&P MidCap Momentum ETF were worth $448,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. AQR Capital Management LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the second quarter valued at approximately $1,246,000. Creative Planning raised its stake in shares of Invesco S&P MidCap Momentum ETF by 7.4% during the 2nd quarter. Creative Planning now owns 8,077 shares of the company’s stock worth $921,000 after purchasing an additional 559 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 2.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock valued at $36,619,000 after buying an additional 7,717 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 11.6% in the second quarter. NewEdge Advisors LLC now owns 42,176 shares of the company’s stock valued at $4,808,000 after buying an additional 4,396 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the second quarter worth $607,000.

Invesco S&P MidCap Momentum ETF Trading Down 0.2 %

NYSEARCA XMMO opened at $132.36 on Monday. The firm’s fifty day moving average price is $129.26 and its two-hundred day moving average price is $122.66. Invesco S&P MidCap Momentum ETF has a 1 year low of $92.19 and a 1 year high of $137.14. The firm has a market capitalization of $2.59 billion, a P/E ratio of 19.24 and a beta of 1.12.

Invesco S&P MidCap Momentum ETF Company 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.