Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Hits New 12-Month High at $56.33

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $56.33 and last traded at $56.33, with a volume of 21694 shares trading hands. The stock had previously closed at $55.48.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

The firm has a market capitalization of $747.62 million, a price-to-earnings ratio of 6.89 and a beta of 1.25. The business’s 50-day moving average is $53.88 and its two-hundred day moving average is $50.88.

Institutional Trading of Invesco S&P SmallCap Value with Momentum ETF

Hedge funds have recently bought and sold shares of the stock. Southland Equity Partners LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 8.4% during the 4th quarter. Southland Equity Partners LLC now owns 9,394 shares of the company’s stock worth $509,000 after buying an additional 731 shares during the period. TruWealth Advisors LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 11.4% during the 4th quarter. TruWealth Advisors LLC now owns 10,452 shares of the company’s stock worth $566,000 after buying an additional 1,073 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 12.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 156,885 shares of the company’s stock worth $7,554,000 after acquiring an additional 17,222 shares in the last quarter. Raymond James & Associates grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 46.8% during the 3rd quarter. Raymond James & Associates now owns 235,184 shares of the company’s stock worth $11,324,000 after acquiring an additional 74,925 shares in the last quarter. Finally, Valmark Advisers Inc. grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 1.5% during the 3rd quarter. Valmark Advisers Inc. now owns 156,684 shares of the company’s stock worth $7,544,000 after acquiring an additional 2,260 shares in the last quarter.

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.