Private Advisor Group LLC Acquires 6,240 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Private Advisor Group LLC grew its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 10.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 65,919 shares of the company’s stock after buying an additional 6,240 shares during the quarter. Private Advisor Group LLC owned approximately 0.46% of Invesco S&P SmallCap Value with Momentum ETF worth $3,591,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Valmark Advisers Inc. boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 7.3% in the fourth quarter. Valmark Advisers Inc. now owns 267,955 shares of the company’s stock valued at $14,598,000 after acquiring an additional 18,196 shares in the last quarter. Traction Financial Partners LLC boosted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 3.7% during the 4th quarter. Traction Financial Partners LLC now owns 203,407 shares of the company’s stock valued at $11,082,000 after purchasing an additional 7,232 shares in the last quarter. Raymond James & Associates increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 5.5% during the third quarter. Raymond James & Associates now owns 187,778 shares of the company’s stock valued at $10,326,000 after buying an additional 9,811 shares during the period. MML Investors Services LLC raised its stake in Invesco S&P SmallCap Value with Momentum ETF by 4.7% in the third quarter. MML Investors Services LLC now owns 165,132 shares of the company’s stock worth $9,081,000 after buying an additional 7,456 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 1.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 162,431 shares of the company’s stock worth $8,849,000 after buying an additional 1,996 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

XSVM stock opened at $53.32 on Monday. The company has a market capitalization of $757.14 million, a price-to-earnings ratio of 8.08 and a beta of 1.09. The business’s 50 day moving average price is $54.83 and its two-hundred day moving average price is $55.45. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $50.79 and a fifty-two week high of $61.40.

Invesco S&P SmallCap Value with Momentum ETF Company Profile

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.