Commonwealth Equity Services LLC Raises Stock Holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Commonwealth Equity Services LLC increased its position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 700,345 shares of the company’s stock after buying an additional 10,697 shares during the quarter. Commonwealth Equity Services LLC owned 4.93% of Invesco S&P SmallCap Value with Momentum ETF worth $38,155,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. FMR LLC increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the third quarter. FMR LLC now owns 1,902 shares of the company’s stock worth $105,000 after buying an additional 196 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 1,136.9% in the third quarter. JPMorgan Chase & Co. now owns 12,468 shares of the company’s stock worth $686,000 after buying an additional 11,460 shares during the period. Stifel Financial Corp increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 32.7% in the third quarter. Stifel Financial Corp now owns 20,876 shares of the company’s stock worth $1,148,000 after buying an additional 5,141 shares during the period. Townsquare Capital LLC increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 12.9% in the third quarter. Townsquare Capital LLC now owns 4,489 shares of the company’s stock worth $247,000 after buying an additional 514 shares during the period. Finally, IHT Wealth Management LLC increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 10.4% in the third quarter. IHT Wealth Management LLC now owns 50,506 shares of the company’s stock worth $2,777,000 after buying an additional 4,765 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Up 2.2 %

Shares of NYSEARCA XSVM opened at $50.41 on Friday. The company has a market cap of $659.36 million, a price-to-earnings ratio of 10.32 and a beta of 1.25. The firm’s fifty day moving average is $53.89 and its 200 day moving average is $55.19. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $49.25 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.