XMVM Profile
The Invesco S&P MidCap Value with Momentum ETF aims to achieve its investment objective by focusing on mid-cap value stocks that exhibit strong momentum characteristics. The fund invests at least 90% of its total assets in the securities that constitute the underlying index, adhering strictly to its established guidelines and procedures. The ETF provides investors with exposure to a curated selection of mid-cap stocks from the S&P MidCap 400 Index, specifically targeting those with high value metrics and significant momentum.
The underlying index, managed and calculated by the index provider, is meticulously designed to track approximately 80 stocks within the S&P MidCap 400 Index. These stocks are chosen based on their high value characteristics and positive momentum indicators. The value component of the index focuses on stocks that are undervalued relative to their fundamentals, such as earnings and book value, while the momentum aspect targets stocks with strong recent performance trends.
This strategic combination seeks to capitalize on the potential for value stocks to appreciate while also benefiting from the positive price momentum of the selected stocks. The fund's approach involves a systematic methodology to identify and invest in mid-cap companies that not only offer compelling value but also demonstrate favorable technical trends. This dual focus aims to enhance total return potential while managing risk.
Overall, the Invesco S&P MidCap Value with Momentum ETF provides investors with a targeted exposure to mid-cap stocks that combine value attributes with momentum characteristics. By investing in a concentrated portfolio of approximately 80 carefully selected mid-cap stocks, the fund seeks to deliver capital appreciation and potential outperformance relative to its benchmark, making it a strategic choice for investors seeking growth opportunities in the mid-cap segment.
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