Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM – Get Free Report) shares traded up 1% during mid-day trading on Thursday. The company traded as high as $65.77 and last traded at $65.77. Approximately 35,992 shares traded hands during mid-day trading, a decline of 7% from the average daily volume of 38,905 shares. The stock had previously closed at $65.10.
Invesco S&P SmallCap Value with Momentum ETF Price Performance
The company’s 50 day simple moving average is $69.52 and its 200 day simple moving average is $67.16. The company has a market capitalization of $591.93 million, a PE ratio of 9.55 and a beta of 0.99.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Oath Planning LLC purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the fourth quarter worth about $787,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 13.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 108,321 shares of the company’s stock valued at $6,189,000 after purchasing an additional 13,132 shares during the last quarter. Assetmark Inc. purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 1st quarter valued at about $1,277,000. Nwam LLC acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter valued at about $1,814,000. Finally, Del Sette Capital Management LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 397.2% in the 1st quarter. Del Sette Capital Management LLC now owns 51,204 shares of the company’s stock valued at $3,086,000 after purchasing an additional 40,906 shares during the period.
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. The Fund focuses to invest at least 90% of its total assets in the component securities, which comprise the Underlying Index.
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