Invesco S&P MidCap Value with Momentum ETF (XMVM)
|Ex-Dividend Date||Dec 20, 2021|
|Day's Range||49.13 - 49.99|
|Inception Date||Mar 3, 2005|
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 80 stocks in the S&P MidCap 400® Index that have the highest value and momentum scores.
Top 10 Holdings20.78% of assets
|United States Steel||X||2.77%|
|Graham Holdings Company||GHC||2.03%|
|Old Republic International||ORI||1.96%|
|The Goodyear Tire & Rubber Company||GT||1.86%|
|Jefferies Financial Group||JEF||1.76%|
|Dec 20, 2021||$0.22332||Dec 31, 2021|
|Sep 20, 2021||$0.152||Sep 30, 2021|
|Jun 21, 2021||$0.08353||Jun 30, 2021|
|Mar 22, 2021||$0.0798||Mar 31, 2021|
|Dec 21, 2020||$0.14177||Dec 31, 2020|
|Sep 21, 2020||$0.114||Sep 30, 2020|
Style Box ETF report for XMVM
Wall Street has rallied hard this year on vaccine distribution, a prolonged period of easy money policy, fiscal stimulus and stronger-than-expected earnings.
Capturing momentum can help identify an uptrend, while value often points to companies with strong fundamentals. Together, this duo forms the basis of the Invesco S&P MidCap Value with Momentum ETF (XMVM).
An upbeat equity environment calls for a momentum rally in the short term. But looking at value is necessary now given the emergence of a new virus strain and prevailing downside risks to the global mar...