Cooper Financial Group Purchases 6,387 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Cooper Financial Group lifted its position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 13.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 55,571 shares of the company’s stock after purchasing an additional 6,387 shares during the quarter. Cooper Financial Group owned about 0.42% of Invesco S&P SmallCap Value with Momentum ETF worth $3,164,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in XSVM. LPL Financial LLC increased its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 19.7% in the third quarter. LPL Financial LLC now owns 1,531,387 shares of the company’s stock worth $73,736,000 after purchasing an additional 252,520 shares during the period. Horizon Family Wealth Inc. purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the third quarter worth $10,453,000. Traction Financial Partners LLC purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter worth $10,537,000. Focus Financial Network Inc. ADV purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter worth $5,917,000. Finally, Altman Advisors Inc. purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter worth $3,124,000.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

NYSEARCA:XSVM remained flat at $52.18 during midday trading on Friday. 44,808 shares of the company traded hands, compared to its average volume of 69,782. Invesco S&P SmallCap Value with Momentum ETF has a one year low of $44.50 and a one year high of $57.25. The stock has a 50-day simple moving average of $54.16 and a two-hundred day simple moving average of $53.84. The firm has a market cap of $740.98 million, a P/E ratio of 8.08 and a beta of 1.09.

About Invesco S&P SmallCap Value with Momentum ETF

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.