Andina Capital Management LLC Makes New Investment in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Andina Capital Management LLC acquired a new position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 14,175 shares of the company’s stock, valued at approximately $772,000. Andina Capital Management LLC owned 0.10% of Invesco S&P SmallCap Value with Momentum ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of XSVM. CWM LLC lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 44.5% in the 3rd quarter. CWM LLC now owns 673,288 shares of the company’s stock worth $37,024,000 after buying an additional 207,424 shares during the period. Janney Montgomery Scott LLC purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at approximately $8,822,000. CHB Investment Group LLC purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at approximately $1,875,000. Cedrus LLC purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at approximately $1,543,000. Finally, Valmark Advisers Inc. lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 8.5% in the 3rd quarter. Valmark Advisers Inc. now owns 249,759 shares of the company’s stock valued at $13,734,000 after purchasing an additional 19,485 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Up 0.0 %

XSVM opened at $55.34 on Friday. The stock has a market cap of $785.83 million, a PE ratio of 8.08 and a beta of 1.09. The business has a 50 day moving average of $56.42 and a 200-day moving average of $55.54. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $50.79 and a 52 week high of $61.40.

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.