Royal Bank of Canada Sells 9,985 Shares of Invesco S&P SmallCap Value with Momentum ETF $XSVM

Royal Bank of Canada trimmed its position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 12.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 71,264 shares of the company’s stock after selling 9,985 shares during the period. Royal Bank of Canada owned 0.77% of Invesco S&P SmallCap Value with Momentum ETF worth $4,295,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 4,382.2% during the 4th quarter. Farther Finance Advisors LLC now owns 32,451 shares of the company’s stock worth $1,854,000 after purchasing an additional 31,727 shares during the last quarter. Oath Planning LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF during the fourth quarter worth about $787,000. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 13.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 108,321 shares of the company’s stock worth $6,189,000 after purchasing an additional 13,132 shares during the period. Assetmark Inc. acquired a new position in Invesco S&P SmallCap Value with Momentum ETF during the first quarter worth approximately $1,277,000. Finally, Altman Advisors Inc. increased its position in Invesco S&P SmallCap Value with Momentum ETF by 10.7% during the fourth quarter. Altman Advisors Inc. now owns 137,061 shares of the company’s stock worth $7,832,000 after buying an additional 13,197 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Up 0.8%

NYSEARCA:XSVM opened at $71.39 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 12-month low of $52.86 and a 12-month high of $72.97. The firm has a market capitalization of $674.64 million, a price-to-earnings ratio of 9.55 and a beta of 1.00. The stock’s 50 day moving average price is $69.94 and its two-hundred day moving average price is $65.47.

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