Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Stake Lowered by MONECO Advisors LLC

MONECO Advisors LLC lessened its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 27.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 99,434 shares of the company’s stock after selling 36,735 shares during the period. MONECO Advisors LLC owned 0.70% of Invesco S&P SmallCap Value with Momentum ETF worth $5,417,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sigma Planning Corp lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 10.0% in the 4th quarter. Sigma Planning Corp now owns 7,601 shares of the company’s stock valued at $414,000 after purchasing an additional 690 shares during the last quarter. Laurel Wealth Planning LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 10.0% in the 4th quarter. Laurel Wealth Planning LLC now owns 31,429 shares of the company’s stock valued at $1,712,000 after purchasing an additional 2,870 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 10.5% in the 4th quarter. Private Advisor Group LLC now owns 65,919 shares of the company’s stock valued at $3,591,000 after purchasing an additional 6,240 shares during the last quarter. Traction Financial Partners LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 3.7% in the 4th quarter. Traction Financial Partners LLC now owns 203,407 shares of the company’s stock valued at $11,082,000 after purchasing an additional 7,232 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 7.3% in the 4th quarter. Valmark Advisers Inc. now owns 267,955 shares of the company’s stock valued at $14,598,000 after purchasing an additional 18,196 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Trading Down 1.9 %

XSVM stock opened at $53.32 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 1 year low of $50.79 and a 1 year high of $61.40. The company has a fifty day simple moving average of $54.83 and a 200 day simple moving average of $55.43. The firm has a market cap of $757.14 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.