Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Shares Sold by Fortress Wealth Management Inc.

Fortress Wealth Management Inc. lessened its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 3.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,799 shares of the company’s stock after selling 1,088 shares during the quarter. Invesco S&P SmallCap Value with Momentum ETF comprises about 1.0% of Fortress Wealth Management Inc.’s investment portfolio, making the stock its 25th biggest holding. Fortress Wealth Management Inc. owned 0.25% of Invesco S&P SmallCap Value with Momentum ETF worth $1,914,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Raymond James & Associates increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 3.6% during the second quarter. Raymond James & Associates now owns 177,967 shares of the company’s stock valued at $9,322,000 after acquiring an additional 6,109 shares during the period. Creative Planning grew its position in Invesco S&P SmallCap Value with Momentum ETF by 4.4% in the second quarter. Creative Planning now owns 9,149 shares of the company’s stock worth $479,000 after buying an additional 382 shares during the last quarter. Cetera Investment Advisers grew its position in Invesco S&P SmallCap Value with Momentum ETF by 607.8% in the first quarter. Cetera Investment Advisers now owns 80,821 shares of the company’s stock worth $4,602,000 after buying an additional 69,402 shares during the last quarter. Cooper Financial Group grew its position in Invesco S&P SmallCap Value with Momentum ETF by 13.0% in the first quarter. Cooper Financial Group now owns 55,571 shares of the company’s stock worth $3,164,000 after buying an additional 6,387 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in Invesco S&P SmallCap Value with Momentum ETF by 13.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,423 shares of the company’s stock worth $650,000 after buying an additional 1,313 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Down 0.6 %

Invesco S&P SmallCap Value with Momentum ETF stock traded down $0.33 during mid-day trading on Friday, hitting $55.74. The company’s stock had a trading volume of 31,999 shares, compared to its average volume of 73,227. Invesco S&P SmallCap Value with Momentum ETF has a twelve month low of $44.86 and a twelve month high of $60.22. The stock’s fifty day moving average price is $54.52 and its two-hundred day moving average price is $54.43. The stock has a market capitalization of $791.51 million, a P/E ratio of 8.08 and a beta of 1.09.

Invesco S&P SmallCap Value with Momentum ETF 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.