Ausdal Financial Partners Inc. Buys New Position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

Ausdal Financial Partners Inc. bought a new position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 4,563 shares of the company’s stock, valued at approximately $253,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Breakwater Capital Group boosted its position in shares of Invesco S&P MidCap Value with Momentum ETF by 2.9% during the 4th quarter. Breakwater Capital Group now owns 18,928 shares of the company’s stock worth $1,049,000 after purchasing an additional 536 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in shares of Invesco S&P MidCap Value with Momentum ETF by 5.2% in the 4th quarter. Ameritas Advisory Services LLC now owns 42,792 shares of the company’s stock worth $2,372,000 after purchasing an additional 2,118 shares in the last quarter. Whitaker Myers Wealth Managers LTD. increased its stake in Invesco S&P MidCap Value with Momentum ETF by 8.7% during the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 188,927 shares of the company’s stock valued at $10,470,000 after purchasing an additional 15,121 shares in the last quarter. Avior Wealth Management LLC raised its holdings in Invesco S&P MidCap Value with Momentum ETF by 4.7% during the fourth quarter. Avior Wealth Management LLC now owns 521,333 shares of the company’s stock worth $28,892,000 after buying an additional 23,494 shares during the last quarter. Finally, Guidance Capital Inc. lifted its stake in shares of Invesco S&P MidCap Value with Momentum ETF by 10.4% in the fourth quarter. Guidance Capital Inc. now owns 27,137 shares of the company’s stock valued at $1,548,000 after buying an additional 2,552 shares in the last quarter.

Invesco S&P MidCap Value with Momentum ETF Price Performance

Shares of NYSEARCA XMVM opened at $52.57 on Friday. Invesco S&P MidCap Value with Momentum ETF has a 1 year low of $50.04 and a 1 year high of $62.50. The stock has a market capitalization of $246.03 million, a P/E ratio of 11.23 and a beta of 1.20. The company has a 50-day moving average price of $55.53 and a 200-day moving average price of $56.38.

Invesco S&P MidCap Value with Momentum ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.3854 per share. This is a positive change from Invesco S&P MidCap Value with Momentum ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, March 24th.

Invesco S&P MidCap Value with Momentum ETF Company Profile

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.