Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Shares Sold by TruWealth Advisors LLC

TruWealth Advisors LLC lessened its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 1.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,765 shares of the company’s stock after selling 200 shares during the quarter. TruWealth Advisors LLC owned 0.09% of Invesco S&P SmallCap Value with Momentum ETF worth $695,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of XSVM. CWM LLC increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 44.5% in the third quarter. CWM LLC now owns 673,288 shares of the company’s stock worth $37,024,000 after acquiring an additional 207,424 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter worth $8,822,000. CHB Investment Group LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at $1,875,000. Cedrus LLC purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at about $1,543,000. Finally, Valmark Advisers Inc. lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 8.5% during the third quarter. Valmark Advisers Inc. now owns 249,759 shares of the company’s stock worth $13,734,000 after purchasing an additional 19,485 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

Shares of NYSEARCA XSVM opened at $55.10 on Friday. The company has a market capitalization of $782.42 million, a price-to-earnings ratio of 8.08 and a beta of 1.09. Invesco S&P SmallCap Value with Momentum ETF has a 1-year low of $50.43 and a 1-year high of $61.40. The business has a 50-day moving average of $56.75 and a 200-day moving average of $55.42.

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.