Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Shares Sold by CHB Investment Group LLC

CHB Investment Group LLC decreased its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 18.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,917 shares of the company’s stock after selling 6,175 shares during the period. CHB Investment Group LLC owned 0.20% of Invesco S&P SmallCap Value with Momentum ETF worth $1,521,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of XSVM. Insight Wealth Strategies LLC increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.1% during the fourth quarter. Insight Wealth Strategies LLC now owns 102,080 shares of the company’s stock worth $5,561,000 after purchasing an additional 2,097 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in 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 valued at $686,000 after buying an additional 11,460 shares during the last quarter. World Investment Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $796,000. MML Investors Services LLC grew its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.7% during the third quarter. MML Investors Services LLC now owns 165,132 shares of the company’s stock worth $9,081,000 after acquiring an additional 7,456 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 32.7% in the 3rd quarter. Stifel Financial Corp now owns 20,876 shares of the company’s stock valued at $1,148,000 after acquiring an additional 5,141 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

XSVM stock opened at $52.62 on Tuesday. The company has a market cap of $747.20 million, a price-to-earnings ratio of 8.08 and a beta of 1.09. The company has a fifty day moving average price of $57.01 and a 200 day moving average price of $55.40. Invesco S&P SmallCap Value with Momentum ETF has a 12 month low of $50.13 and a 12 month high of $61.40.

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.