Envestnet Portfolio Solutions Inc. Cuts Stake in Invesco S&P MidCap Momentum ETF $XMMO

Envestnet Portfolio Solutions Inc. reduced its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 26.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,994 shares of the company’s stock after selling 1,414 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $514,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Calton & Associates Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the first quarter worth $27,000. Hazlett Burt & Watson Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 41.5% in the first quarter. Hazlett Burt & Watson Inc. now owns 539 shares of the company’s stock worth $60,000 after acquiring an additional 158 shares during the last quarter. Capital Analysts LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 17.4% in the first quarter. Capital Analysts LLC now owns 742 shares of the company’s stock worth $84,000 after acquiring an additional 110 shares during the last quarter. Wood Tarver Financial Group LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF by 18.4% in the first quarter. Wood Tarver Financial Group LLC now owns 919 shares of the company’s stock worth $105,000 after acquiring an additional 143 shares during the last quarter. Finally, First Command Advisory Services Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 63.2% in the first quarter. First Command Advisory Services Inc. now owns 1,074 shares of the company’s stock worth $122,000 after acquiring an additional 416 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Invesco S&P MidCap Momentum ETF stock opened at $135.07 on Wednesday. Invesco S&P MidCap Momentum ETF has a one year low of $97.50 and a one year high of $137.57. The business’s fifty day moving average is $133.60 and its 200 day moving average is $126.73. The stock has a market capitalization of $4.69 billion, a PE ratio of 22.06 and a beta of 1.01.

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.