Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Hits New 12-Month Low – Time to Sell?

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $47.56 and last traded at $47.56, with a volume of 11230 shares traded. The stock had previously closed at $51.03.

Invesco S&P SmallCap Value with Momentum ETF Trading Down 3.3 %

The firm’s fifty day moving average price is $52.69 and its 200-day moving average price is $54.77. The company has a market cap of $587.78 million, a P/E ratio of 9.81 and a beta of 1.26.

Invesco S&P SmallCap Value with Momentum ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.3974 dividend. This is a boost from Invesco S&P SmallCap Value with Momentum ETF’s previous dividend of $0.25. The ex-dividend date was Monday, March 24th.

Institutional Trading of Invesco S&P SmallCap Value with Momentum ETF

Several institutional investors have recently modified their holdings of the company. FMR LLC increased its stake in Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the third quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after acquiring an additional 196 shares during the period. CoreCap Advisors LLC boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 26.1% during the fourth 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 grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 37.3% in the 4th quarter. Private Trust Co. NA now owns 2,429 shares of the company’s stock valued at $132,000 after purchasing an additional 660 shares during the period. Townsquare Capital LLC raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 12.9% in the 3rd quarter. Townsquare Capital LLC now owns 4,489 shares of the company’s stock worth $247,000 after buying an additional 514 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 1,226.9% during the 4th quarter. NewEdge Advisors LLC now owns 4,777 shares of the company’s stock worth $260,000 after buying an additional 4,417 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.