Invesco S&P MidCap Value with Momentum ETF (XMVM) is an exchange-traded fund that seeks to track the investment results of the S&P MidCap 400 Value with Momentum Index. The fund invests at least 90% of its total assets in securities that comprise the underlying index, which consists of S&P MidCap 400 Index companies exhibiting value and momentum styles; value stocks are identified based on ratios such as book value-to-price, earnings-to-price, and sales-to-price, while momentum stocks display higher risk-adjusted prices over recent periods. It offers investors exposure to mid-cap U.S. equities blending value characteristics with positive price momentum, with holdings diversified across sectors including financials, industrials, consumer discretionary, and information technology. [ from previous, but adapted]
Operated by Invesco Distributors, Inc., XMVM was launched in 2005 and is domiciled in the United States, with primary trading on the NYSE Arca exchange; the fund is part of Invesco's broader suite of over 100 ETFs providing passive strategies across equity, fixed income, commodity, and alternative asset classes. Geographically, it focuses exclusively on U.S.-listed mid-cap companies, targeting institutional and retail investors seeking enhanced returns through factor-based investing. There are no reported recent major changes such as partnerships, acquisitions, funding rounds, new product launches, or strategic shifts specific to XMVM within the last 1-2 years; the fund continues to adhere to its index-tracking methodology without noted reorganizations or operational alterations.