Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Reaches New 52-Week High at $59.18

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $59.18 and last traded at $58.70, with a volume of 16872 shares trading hands. The stock had previously closed at $58.50.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

The business has a fifty day simple moving average of $54.11 and a 200 day simple moving average of $54.19. The stock has a market cap of $811.96 million, a price-to-earnings ratio of 8.08 and a beta of 1.09.

Institutional Investors Weigh In On Invesco S&P SmallCap Value with Momentum ETF

A number of large investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 2.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,370 shares of the company’s stock valued at $477,000 after buying an additional 190 shares during the last quarter. Southland Equity Partners LLC boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.0% during the first quarter. Southland Equity Partners LLC now owns 9,586 shares of the company’s stock worth $546,000 after purchasing an additional 192 shares during the last quarter. Armbruster Capital Management Inc. boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.4% during the second quarter. Armbruster Capital Management Inc. now owns 9,309 shares of the company’s stock worth $488,000 after purchasing an additional 215 shares during the last quarter. MONECO Advisors LLC boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 0.4% during the fourth quarter. MONECO Advisors LLC now owns 144,371 shares of the company’s stock worth $7,821,000 after purchasing an additional 537 shares during the last quarter. Finally, Focus Financial Network Inc. boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 0.5% during the second quarter. Focus Financial Network Inc. now owns 113,310 shares of the company’s stock worth $6,489,000 after purchasing an additional 582 shares during the last quarter.

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.