Valmark Advisers Inc. Decreases Holdings in Invesco S&P SmallCap Value with Momentum ETF $XSVM

Valmark Advisers Inc. reduced its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 98.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,705 shares of the company’s stock after selling 307,378 shares during the period. Valmark Advisers Inc.’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $223,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 271.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 353,900 shares of the company’s stock worth $20,222,000 after purchasing an additional 258,711 shares in the last quarter. 360 Financial Inc. grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 1.1% in the fourth quarter. 360 Financial Inc. now owns 314,110 shares of the company’s stock valued at $17,948,000 after buying an additional 3,308 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 173.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 275,638 shares of the company’s stock valued at $15,750,000 after buying an additional 174,751 shares during the period. Traction Financial Partners LLC raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 1.5% during the 4th quarter. Traction Financial Partners LLC now owns 172,030 shares of the company’s stock valued at $9,830,000 after buying an additional 2,487 shares during the period. Finally, Altman Advisors Inc. lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 10.7% during the 4th quarter. Altman Advisors Inc. now owns 137,061 shares of the company’s stock worth $7,832,000 after acquiring an additional 13,197 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Up 1.1%

NYSEARCA XSVM opened at $70.66 on Thursday. The stock has a market cap of $662.79 million, a PE ratio of 9.55 and a beta of 1.00. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $50.75 and a fifty-two week high of $71.12. The business has a 50 day moving average price of $67.77 and a two-hundred day moving average price of $63.70.

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.