Brightwater Advisory LLC Cuts Stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Brightwater Advisory LLC decreased its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,388 shares of the company’s stock after selling 292 shares during the period. Brightwater Advisory LLC owned 0.06% of Invesco S&P SmallCap Value with Momentum ETF worth $457,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Howe & Rusling Inc. bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter worth $26,000. FMR LLC lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 11.5% during the third 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 last quarter. Sheets Smith Wealth Management purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter worth about $206,000. Financial Advocates Investment Management bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $228,000. Finally, Schrum Private Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter valued at approximately $244,000.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 1.2 %

Invesco S&P SmallCap Value with Momentum ETF stock opened at $53.78 on Wednesday. The firm has a 50 day simple moving average of $54.67 and a 200 day simple moving average of $55.46. Invesco S&P SmallCap Value with Momentum ETF has a 1-year low of $50.79 and a 1-year high of $61.40. The firm has a market capitalization of $703.44 million, a price-to-earnings ratio of 10.32 and a beta of 1.25.

Invesco S&P SmallCap Value with Momentum ETF 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.