Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Short Interest Down 41.5% in August

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 20,980 shares, a decrease of 41.5% from the July 30th total of 35,845 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 31,774 shares, the days-to-cover ratio is presently 0.7 days.

Invesco S&P SmallCap Value with Momentum ETF Trading Down 0.8%

Shares of Invesco S&P SmallCap Value with Momentum ETF stock traded down $0.55 during trading on Monday, reaching $69.11. The company’s stock had a trading volume of 14,443 shares, compared to its average volume of 38,250. The company has a 50-day moving average price of $70.44 and a two-hundred day moving average price of $66.11. The firm has a market cap of $653.09 million, a PE ratio of 9.55 and a beta of 1.00. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $52.86 and a fifty-two week high of $72.97.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the fourth quarter worth about $32,000. UMB Bank n.a. acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter valued at about $32,000. NewEdge Advisors LLC increased its position in Invesco S&P SmallCap Value with Momentum ETF by 59.7% in the 3rd quarter. NewEdge Advisors LLC now owns 575 shares of the company’s stock valued at $32,000 after acquiring an additional 215 shares during the period. Kestra Advisory Services LLC purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at approximately $39,000. Finally, Steward Partners Investment Advisory LLC lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 94.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $56,000 after acquiring an additional 478 shares during the period.

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. The Fund focuses to invest at least 90% of its total assets in the component securities, which comprise the Underlying Index.