International Assets Investment Management LLC Invests $367,000 in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

International Assets Investment Management LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,771 shares of the company’s stock, valued at approximately $367,000. International Assets Investment Management LLC owned about 0.05% of Invesco S&P SmallCap Value with Momentum ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of XSVM. First Command Advisory Services Inc. purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $33,000. Sheets Smith Wealth Management purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $55,000. Private Trust Co. NA lifted its stake in Invesco S&P SmallCap Value with Momentum ETF by 39.9% in the third quarter. Private Trust Co. NA now owns 1,978 shares of the company’s stock valued at $95,000 after purchasing an additional 564 shares during the last quarter. SYM FINANCIAL Corp purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $96,000. Finally, Acropolis Investment Management LLC purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter valued at approximately $106,000.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 0.9 %

Invesco S&P SmallCap Value with Momentum ETF stock opened at $55.12 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 12 month low of $41.79 and a 12 month high of $57.25. The business’s 50 day simple moving average is $54.73 and its 200 day simple moving average is $51.95. The company has a market cap of $777.74 million, a price-to-earnings ratio of 8.16 and a beta of 1.11.

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.