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

Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) by 14.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,670 shares of the company’s stock after acquiring an additional 18,909 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 2.57% of Invesco S&P MidCap Value with Momentum ETF worth $9,539,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XMVM. IFP Advisors Inc purchased a new stake in Invesco S&P MidCap Value with Momentum ETF in the 4th quarter worth approximately $43,000. Private Trust Co. NA increased its holdings in Invesco S&P MidCap Value with Momentum ETF by 46.4% in the 4th quarter. Private Trust Co. NA now owns 694 shares of the company’s stock worth $45,000 after acquiring an additional 220 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Invesco S&P MidCap Value with Momentum ETF by 123.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,106 shares of the company’s stock worth $71,000 after acquiring an additional 610 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Invesco S&P MidCap Value with Momentum ETF in the 4th quarter worth approximately $76,000. Finally, MOR Wealth Management LLC purchased a new stake in Invesco S&P MidCap Value with Momentum ETF during the 4th quarter valued at approximately $225,000.

Invesco S&P MidCap Value with Momentum ETF Price Performance

Shares of XMVM opened at $69.20 on Wednesday. Invesco S&P MidCap Value with Momentum ETF has a 1 year low of $53.49 and a 1 year high of $70.13. The company has a 50 day simple moving average of $67.61 and a two-hundred day simple moving average of $66.16. The firm has a market cap of $451.88 million, a P/E 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.