Mercer Global Advisors Inc. ADV Cuts Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Mercer Global Advisors Inc. ADV lowered its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 34.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,813 shares of the company’s stock after selling 1,510 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Invesco S&P MidCap Momentum ETF were worth $321,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in XMMO. Dynamic Advisor Solutions LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 2.5% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,531 shares of the company’s stock worth $516,000 after buying an additional 110 shares in the last quarter. PFG Advisors grew its stake in Invesco S&P MidCap Momentum ETF by 2.6% in the 1st quarter. PFG Advisors now owns 4,495 shares of the company’s stock valued at $516,000 after purchasing an additional 114 shares during the period. Concourse Financial Group Securities Inc. increased its position in shares of Invesco S&P MidCap Momentum ETF by 114.2% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock valued at $28,000 after purchasing an additional 129 shares during the last quarter. American Trust raised its stake in shares of Invesco S&P MidCap Momentum ETF by 2.7% during the 1st quarter. American Trust now owns 7,387 shares of the company’s stock worth $848,000 after purchasing an additional 192 shares during the period. Finally, TFB Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 3.1% in the 1st quarter. TFB Advisors LLC now owns 7,722 shares of the company’s stock worth $840,000 after buying an additional 233 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA XMMO opened at $119.89 on Monday. The company has a market capitalization of $2.35 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 52-week low of $74.39 and a 52-week high of $121.49. The company has a 50-day simple moving average of $116.20 and a 200 day simple moving average of $114.34.

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.