Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sees Unusually-High Trading Volume – What’s Next?

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) shares saw an uptick in trading volume on Monday . 183,705 shares changed hands during mid-day trading, an increase of 104% from the previous session’s volume of 90,101 shares.The stock last traded at $52.20 and had previously closed at $52.35.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 2.0 %

The firm’s 50-day moving average is $56.99 and its 200-day moving average is $55.41. The firm has a market cap of $779.01 million, a price-to-earnings ratio of 8.08 and a beta of 1.09.

Hedge Funds Weigh In On Invesco S&P SmallCap Value with Momentum ETF

Several hedge funds have recently modified their holdings of the company. Brightwater Advisory LLC increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.3% during the third quarter. Brightwater Advisory LLC now owns 8,680 shares of the company’s stock valued at $477,000 after acquiring an additional 193 shares during the last quarter. FMR LLC grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the 3rd quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after purchasing an additional 196 shares during the period. Creative Planning increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.4% during the 2nd quarter. Creative Planning now owns 9,149 shares of the company’s stock valued at $479,000 after purchasing an additional 382 shares during the last quarter. Sigma Planning Corp raised its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 6.8% during the 3rd quarter. Sigma Planning Corp now owns 6,911 shares of the company’s stock worth $380,000 after purchasing an additional 437 shares during the period. Finally, Howe & Rusling Inc. bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter worth $26,000.

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.