Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. increased its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 7.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 267,955 shares of the company’s stock after buying an additional 18,196 shares during the quarter. Valmark Advisers Inc. owned about 1.89% of Invesco S&P SmallCap Value with Momentum ETF worth $14,598,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. FMR LLC grew its stake 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. JPMorgan Chase & Co. grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 1,136.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,468 shares of the company’s stock valued at $686,000 after purchasing an additional 11,460 shares in the last quarter. Stifel Financial Corp grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 32.7% during the 3rd quarter. Stifel Financial Corp now owns 20,876 shares of the company’s stock valued at $1,148,000 after purchasing an additional 5,141 shares in the last quarter. Guidance Capital Inc. grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 12.5% during the 3rd quarter. Guidance Capital Inc. now owns 29,807 shares of the company’s stock valued at $1,661,000 after purchasing an additional 3,310 shares in the last quarter. Finally, IHT Wealth Management LLC grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 10.4% during the 3rd quarter. IHT Wealth Management LLC now owns 50,506 shares of the company’s stock valued at $2,777,000 after purchasing an additional 4,765 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Down 0.2 %

Shares of NYSEARCA XSVM opened at $55.22 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $50.79 and a fifty-two week high of $61.40. The business has a 50 day moving average price of $55.24 and a two-hundred day moving average price of $55.46. The firm has a market cap of $784.12 million, a PE ratio of 8.08 and a beta of 1.09.

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.