Northwestern Mutual Wealth Management Co. Grows Stock Position in Invesco S&P SmallCap Value with Momentum ETF $XSVM

Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 271.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 353,900 shares of the company’s stock after purchasing an additional 258,711 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $20,222,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in XSVM. AQR Capital Management LLC raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 6.3% during the 1st quarter. AQR Capital Management LLC now owns 24,066 shares of the company’s stock valued at $1,208,000 after buying an additional 1,417 shares during the period. Jane Street Group LLC raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 62.7% during the 1st quarter. Jane Street Group LLC now owns 10,370 shares of the company’s stock valued at $521,000 after buying an additional 3,997 shares during the period. Williams & Novak LLC raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.0% during the 3rd quarter. Williams & Novak LLC now owns 25,247 shares of the company’s stock valued at $1,425,000 after buying an additional 965 shares during the period. Premier Path Wealth Partners LLC raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.9% during the 3rd quarter. Premier Path Wealth Partners LLC now owns 48,350 shares of the company’s stock valued at $2,730,000 after buying an additional 2,266 shares during the period. Finally, Cibc World Market Inc. raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 0.5% during the 3rd quarter. Cibc World Market Inc. now owns 99,674 shares of the company’s stock valued at $5,628,000 after buying an additional 492 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

XSVM stock opened at $64.30 on Wednesday. The firm has a market cap of $596.70 million, a PE ratio of 9.55 and a beta of 1.01. The firm’s 50 day moving average price is $62.58 and its 200-day moving average price is $60.29. Invesco S&P SmallCap Value with Momentum ETF has a one year low of $48.62 and a one year high of $67.12.

About Invesco S&P SmallCap Value with Momentum ETF

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. The Fund focuses to invest at least 90% of its total assets in the component securities, which comprise the Underlying Index.