Guidance Capital Inc. Reduces Stock Holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Guidance Capital Inc. reduced its position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 64.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,556 shares of the company’s stock after selling 19,251 shares during the period. Guidance Capital Inc. owned 0.07% of Invesco S&P SmallCap Value with Momentum ETF worth $584,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Howe & Rusling Inc. acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at about $26,000. FMR LLC lifted its holdings in shares of 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 worth $105,000 after acquiring an additional 196 shares during the last quarter. Sheets Smith Wealth Management acquired a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter worth approximately $206,000. Financial Advocates Investment Management purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter worth approximately $228,000. Finally, Schrum Private Wealth Management LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at approximately $244,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Up 1.3 %

Shares of XSVM stock opened at $55.05 on Wednesday. The firm has a 50 day moving average of $56.02 and a two-hundred day moving average of $55.58. The stock has a market capitalization of $781.71 million, a PE ratio of 8.08 and a beta of 1.09. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $50.79 and a 52 week high of $61.40.

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.