Northwestern Mutual Wealth Management Co. Increases Stake in Invesco S&P MidCap Value with Momentum ETF $XMVM

Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 14.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,670 shares of the company’s stock after buying an additional 18,909 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P MidCap Value with Momentum ETF were worth $9,539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in XMVM. Royal Bank of Canada grew its holdings in Invesco S&P MidCap Value with Momentum ETF by 0.8% during the 1st quarter. Royal Bank of Canada now owns 75,247 shares of the company’s stock valued at $3,969,000 after buying an additional 579 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 321.7% in the second quarter. MML Investors Services LLC now owns 55,025 shares of the company’s stock valued at $3,061,000 after purchasing an additional 41,976 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 3.2% in the second quarter. Captrust Financial Advisors now owns 59,622 shares of the company’s stock valued at $3,317,000 after purchasing an additional 1,830 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in shares of Invesco S&P MidCap Value with Momentum ETF in the second quarter valued at $369,000. Finally, Cornerstone Wealth Management LLC grew its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 2.7% in the third quarter. Cornerstone Wealth Management LLC now owns 7,013 shares of the company’s stock valued at $432,000 after purchasing an additional 183 shares in the last quarter.

Invesco S&P MidCap Value with Momentum ETF Stock Performance

XMVM stock opened at $69.20 on Wednesday. The firm has a fifty day moving average price of $67.61 and a 200 day moving average price of $66.16. Invesco S&P MidCap Value with Momentum ETF has a fifty-two week low of $53.49 and a fifty-two week high of $70.13. The firm has a market cap of $451.88 million, a PE ratio of 11.50 and a beta of 1.00.

About Invesco S&P MidCap Value with Momentum ETF

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.