OLD Mission Capital LLC Acquires New Holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

OLD Mission Capital LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) in the fourth quarter, HoldingsChannel.com reports. The fund bought 7,596 shares of the company’s stock, valued at approximately $414,000.

A number of other hedge funds have also added to or reduced their stakes in XSVM. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter worth $11,198,000. LPL Financial LLC lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 2.5% in the fourth quarter. LPL Financial LLC now owns 1,682,054 shares of the company’s stock valued at $91,638,000 after acquiring an additional 41,074 shares during the period. Bestgate Wealth Advisors LLC purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter worth about $1,540,000. Independent Advisor Alliance bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at about $1,173,000. Finally, Dopkins Wealth Management LLC increased its position in shares of 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 during the last quarter.

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

Shares of NYSEARCA:XSVM opened at $46.10 on Monday. The stock has a market capitalization of $587.78 million, a PE ratio of 9.81 and a beta of 1.26. The firm’s 50 day moving average price is $52.69 and its 200-day moving average price is $54.77. Invesco S&P SmallCap Value with Momentum ETF has a twelve month low of $45.00 and a twelve month high of $61.40.

Invesco S&P SmallCap Value with Momentum ETF Increases Dividend

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

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.