Ausdal Financial Partners Inc. Takes $253,000 Position in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM)

Ausdal Financial Partners Inc. acquired a new stake in Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,563 shares of the company’s stock, valued at approximately $253,000. Ausdal Financial Partners Inc. owned 0.11% of Invesco S&P MidCap Value with Momentum ETF at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in XMVM. Commonwealth Equity Services LLC increased its position in Invesco S&P MidCap Value with Momentum ETF by 0.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 91,515 shares of the company’s stock valued at $5,072,000 after acquiring an additional 444 shares during the period. Breakwater Capital Group increased its holdings in Invesco S&P MidCap Value with Momentum ETF by 2.9% in the fourth quarter. Breakwater Capital Group now owns 18,928 shares of the company’s stock valued at $1,049,000 after purchasing an additional 536 shares during the period. Ameritas Advisory Services LLC raised its position in Invesco S&P MidCap Value with Momentum ETF by 5.2% during 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 during the last quarter. Guidance Capital Inc. lifted its holdings in Invesco S&P MidCap Value with Momentum ETF by 10.4% during the 4th quarter. Guidance Capital Inc. now owns 27,137 shares of the company’s stock worth $1,548,000 after buying an additional 2,552 shares during the period. Finally, Parcion Private Wealth LLC bought a new stake in shares of Invesco S&P MidCap Value with Momentum ETF in the 4th quarter valued at about $224,000.

Invesco S&P MidCap Value with Momentum ETF Trading Down 1.7 %

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

Invesco S&P MidCap Value with Momentum ETF Increases Dividend

The company also recently declared 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 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.