Arete Wealth Advisors LLC Has $1.95 Million Position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Arete Wealth Advisors LLC lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 85.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 35,639 shares of the company’s stock after buying an additional 16,438 shares during the period. Arete Wealth Advisors LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $1,945,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XSVM. FMR LLC grew its holdings 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 worth $105,000 after purchasing an additional 196 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 1,136.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,468 shares of the company’s stock valued at $686,000 after buying an additional 11,460 shares during the period. Stifel Financial Corp increased its position in Invesco S&P SmallCap Value with Momentum ETF by 32.7% in the 3rd quarter. Stifel Financial Corp now owns 20,876 shares of the company’s stock valued at $1,148,000 after buying an additional 5,141 shares in the last quarter. Bestgate Wealth Advisors LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter valued at approximately $1,540,000. Finally, Dopkins Wealth Management LLC increased its stake in Invesco S&P SmallCap Value with Momentum ETF by 379.8% during the 4th quarter. Dopkins Wealth Management LLC now owns 24,537 shares of the company’s stock valued at $1,337,000 after purchasing an additional 19,423 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of XSVM opened at $47.67 on Friday. The firm has a market capitalization of $607.79 million, a P/E ratio of 9.81 and a beta of 1.26. The stock has a 50 day moving average price of $52.88 and a two-hundred day moving average price of $54.83. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $47.56 and a 52 week high of $61.40.

Invesco S&P SmallCap Value with Momentum ETF Increases Dividend

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

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.