Dopkins Wealth Management LLC Acquires 19,423 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Dopkins Wealth Management LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 379.8% in the 4th quarter, HoldingsChannel reports. The firm owned 24,537 shares of the company’s stock after purchasing an additional 19,423 shares during the quarter. Invesco S&P SmallCap Value with Momentum ETF accounts for approximately 0.7% of Dopkins Wealth Management LLC’s portfolio, making the stock its 29th largest position. Dopkins Wealth Management LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $1,337,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter valued at $11,198,000. Independent Advisor Alliance acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter valued at $1,173,000. Altman Advisors Inc. increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 31.4% in the 3rd quarter. Altman Advisors Inc. now owns 80,740 shares of the company’s stock valued at $4,440,000 after buying an additional 19,284 shares during the period. Benjamin Edwards Inc. acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at $1,021,000. Finally, Valmark Advisers Inc. increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 7.3% in the 4th quarter. Valmark Advisers Inc. now owns 267,955 shares of the company’s stock valued at $14,598,000 after buying an additional 18,196 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

NYSEARCA XSVM opened at $50.82 on Tuesday. The stock has a fifty day moving average of $53.83 and a 200-day moving average of $55.14. The stock has a market capitalization of $647.96 million, a P/E ratio of 9.81 and a beta of 1.26. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $49.25 and a 52 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.