Seaview Investment Managers LLC Cuts Stake in Invesco S&P MidCap Momentum ETF $XMMO

Seaview Investment Managers LLC trimmed its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 46.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,074 shares of the company’s stock after selling 23,930 shares during the period. Invesco S&P MidCap Momentum ETF comprises about 1.4% of Seaview Investment Managers LLC’s investment portfolio, making the stock its 29th largest position. Seaview Investment Managers LLC owned about 0.08% of Invesco S&P MidCap Momentum ETF worth $3,661,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in XMMO. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at about $161,994,000. Raymond James Financial Inc. grew its stake in Invesco S&P MidCap Momentum ETF by 5.0% in the second quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock valued at $85,895,000 after purchasing an additional 31,948 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 7.6% during the 2nd quarter. Bank of America Corp DE now owns 597,656 shares of the company’s stock valued at $76,877,000 after purchasing an additional 42,015 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Invesco S&P MidCap Momentum ETF by 11.4% in the 2nd quarter. Cetera Investment Advisers now owns 546,873 shares of the company’s stock worth $70,344,000 after purchasing an additional 56,147 shares during the last quarter. Finally, Money Concepts Capital Corp boosted its holdings in Invesco S&P MidCap Momentum ETF by 1.0% during the third quarter. Money Concepts Capital Corp now owns 470,063 shares of the company’s stock valued at $63,567,000 after acquiring an additional 4,774 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Down 0.2%

XMMO stock opened at $146.42 on Wednesday. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $147.50. The company has a market cap of $5.45 billion, a PE ratio of 22.06 and a beta of 1.05. The business’s 50-day simple moving average is $141.15 and its 200 day simple moving average is $136.42.

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.