Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sets New 1-Year Low – Here’s What Happened

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) reached a new 52-week low during trading on Monday . The company traded as low as $50.65 and last traded at $50.54, with a volume of 27712 shares trading hands. The stock had previously closed at $51.65.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

The company has a market capitalization of $654.13 million, a price-to-earnings ratio of 10.32 and a beta of 1.25. The company’s fifty day simple moving average is $54.15 and its two-hundred day simple moving average is $55.30.

Institutional Investors Weigh In On Invesco S&P SmallCap Value with Momentum ETF

A number of institutional investors have recently made changes to their positions in XSVM. Howe & Rusling Inc. acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $26,000. FMR LLC boosted its stake in Invesco S&P SmallCap Value with Momentum ETF by 11.5% during the third quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after buying an additional 196 shares in the last quarter. CoreCap Advisors LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 26.1% during the 4th quarter. CoreCap Advisors LLC now owns 2,280 shares of the company’s stock valued at $124,000 after purchasing an additional 472 shares in the last quarter. Private Trust Co. NA boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 37.3% during the fourth quarter. Private Trust Co. NA now owns 2,429 shares of the company’s stock worth $132,000 after buying an additional 660 shares in the last quarter. Finally, Schrum Private Wealth Management LLC acquired a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter worth $244,000.

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.