Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) Short Interest Down 44.4% in May

Invesco S&P MidCap Value with Momentum ETF (NYSEARCA:XMVM) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 10,852 shares, a decline of 44.4% from the April 30th total of 19,513 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 25,653 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Invesco S&P MidCap Value with Momentum ETF

Institutional investors have recently bought and sold shares of the business. Western Wealth Management LLC purchased a new stake in Invesco S&P MidCap Value with Momentum ETF during the 1st quarter worth about $37,000. IFP Advisors Inc purchased a new stake in Invesco S&P MidCap Value with Momentum ETF during the 4th quarter worth about $43,000. Private Trust Co. NA lifted its holdings in Invesco S&P MidCap Value with Momentum ETF by 46.4% during the 4th quarter. Private Trust Co. NA now owns 694 shares of the company’s stock worth $45,000 after buying an additional 220 shares during the last quarter. Sarver Vrooman Wealth Advisors purchased a new stake in Invesco S&P MidCap Value with Momentum ETF during the 4th quarter worth about $63,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Invesco S&P MidCap Value with Momentum ETF by 123.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,106 shares of the company’s stock worth $71,000 after buying an additional 610 shares during the last quarter.

Invesco S&P MidCap Value with Momentum ETF Stock Performance

NYSEARCA XMVM traded up $0.68 during trading on Tuesday, reaching $69.20. 29,603 shares of the company’s stock were exchanged, compared to its average volume of 36,126. The stock has a market cap of $451.88 million, a P/E ratio of 11.50 and a beta of 1.00. The company has a 50 day moving average price of $67.61 and a two-hundred day moving average price of $66.16. Invesco S&P MidCap Value with Momentum ETF has a 1 year low of $53.49 and a 1 year high of $70.13.

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.