Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) is Traction Financial Partners LLC’s 7th Largest Position

Traction Financial Partners LLC lowered its position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 13.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 176,041 shares of the company’s stock after selling 27,366 shares during the period. Invesco S&P SmallCap Value with Momentum ETF comprises about 6.9% of Traction Financial Partners LLC’s portfolio, making the stock its 7th largest position. Traction Financial Partners LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $8,837,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 2.5% during the fourth quarter. LPL Financial LLC now owns 1,682,054 shares of the company’s stock worth $91,638,000 after buying an additional 41,074 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 1.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 700,345 shares of the company’s stock worth $38,155,000 after buying an additional 10,697 shares during the last quarter. Avantax Advisory Services Inc. increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 2.9% during the fourth quarter. Avantax Advisory Services Inc. now owns 287,423 shares of the company’s stock worth $15,659,000 after buying an additional 8,069 shares during the last quarter. 360 Financial Inc. increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 5.9% during the fourth quarter. 360 Financial Inc. now owns 282,990 shares of the company’s stock worth $15,417,000 after buying an additional 15,788 shares during the last quarter. Finally, Valmark Advisers Inc. increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 7.3% during the fourth quarter. Valmark Advisers Inc. now owns 267,955 shares of the company’s stock worth $14,598,000 after buying an additional 18,196 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

NYSEARCA XSVM opened at $51.46 on Wednesday. Invesco S&P SmallCap Value with Momentum ETF has a 52-week low of $43.30 and a 52-week high of $61.40. The company has a 50-day simple moving average of $48.64 and a 200 day simple moving average of $52.43. The company has a market capitalization of $597.45 million, a PE ratio of 9.85 and a beta of 1.08.

About Invesco S&P SmallCap Value with Momentum ETF

PowerShares Fundamental Pure Small Value Portfolio (the Fund), formerly PowerShares Dynamic Small Cap Value Portfolio, is based on the RAFI Fundamental Small Value Index (Index). The Fund focuses to invest at least 90% of its total assets in the securities that comprise the Index. The Index is consisted of common stocks of small value the United States companies, including real estate investment trusts (REITs), from a universe consisted of the 2,500 the United States companies.