Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sees Large Volume Increase

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) saw an uptick in trading volume on Thursday . 100,032 shares were traded during trading, an increase of 41% from the previous session’s volume of 70,880 shares.The stock last traded at $53.55 and had previously closed at $51.84.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

The company has a market capitalization of $764.39 million, a price-to-earnings ratio of 8.08 and a beta of 1.09. The business has a 50-day simple moving average of $53.59 and a two-hundred day simple moving average of $53.82.

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

Hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 0.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 690,270 shares of the company’s stock worth $37,392,000 after purchasing an additional 3,436 shares during the last quarter. CWM LLC increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 6.7% during the 2nd quarter. CWM LLC now owns 465,864 shares of the company’s stock valued at $24,402,000 after acquiring an additional 29,216 shares in the last quarter. 49 Wealth Management LLC raised its position in Invesco S&P SmallCap Value with Momentum ETF by 13.6% during the first quarter. 49 Wealth Management LLC now owns 271,860 shares of the company’s stock worth $15,371,000 after acquiring an additional 32,489 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 29.8% in the first quarter. Avantax Advisory Services Inc. now owns 245,096 shares of the company’s stock valued at $13,956,000 after purchasing an additional 56,342 shares in the last quarter. Finally, 360 Financial Inc. grew its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 9.8% in the fourth quarter. 360 Financial Inc. now owns 240,965 shares of the company’s stock valued at $13,053,000 after purchasing an additional 21,446 shares during 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.