HBW Advisory Services LLC Sells 3,568 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

HBW Advisory Services LLC decreased its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 14.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,705 shares of the company’s stock after selling 3,568 shares during the quarter. HBW Advisory Services LLC owned 0.15% of Invesco S&P SmallCap Value with Momentum ETF worth $1,183,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of XSVM. Howe & Rusling Inc. purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $26,000. FMR LLC raised its position in Invesco S&P SmallCap Value with Momentum ETF by 11.5% during the 3rd quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after purchasing an additional 196 shares in the last quarter. Sheets Smith Wealth Management purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter worth $206,000. Financial Advocates Investment Management bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter worth $228,000. Finally, Schrum Private Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the third quarter valued at $244,000.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

NYSEARCA:XSVM opened at $52.35 on Friday. The firm has a market cap of $743.37 million, a PE ratio of 8.08 and a beta of 1.09. The company has a 50-day moving average of $57.03 and a 200 day moving average of $55.34. Invesco S&P SmallCap Value with Momentum ETF has a 1-year low of $50.13 and a 1-year 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.