Wealth Enhancement Advisory Services LLC Cuts Position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Wealth Enhancement Advisory Services LLC trimmed its position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 3.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,126 shares of the company’s stock after selling 351 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.08% of Invesco S&P SmallCap Value with Momentum ETF worth $612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its position in Invesco S&P SmallCap Value with Momentum ETF by 11.0% in the second quarter. LPL Financial LLC now owns 1,671,712 shares of the company’s stock worth $87,564,000 after acquiring an additional 166,252 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 1.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 689,648 shares of the company’s stock worth $37,924,000 after purchasing an additional 12,559 shares during the period. CWM LLC increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 44.5% during the 3rd quarter. CWM LLC now owns 673,288 shares of the company’s stock valued at $37,024,000 after purchasing an additional 207,424 shares during the last quarter. 49 Wealth Management LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 13.6% during the 1st quarter. 49 Wealth Management LLC now owns 271,860 shares of the company’s stock valued at $15,371,000 after buying an additional 32,489 shares during the period. Finally, Avantax Advisory Services Inc. raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 29.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 245,096 shares of the company’s stock valued at $13,956,000 after buying an additional 56,342 shares during the period.

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

NYSEARCA XSVM opened at $58.54 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $45.95 and a 52 week high of $60.22. The firm has a market capitalization of $831.27 million, a price-to-earnings ratio of 8.08 and a beta of 1.09. The company has a fifty day moving average of $54.47 and a two-hundred day moving average of $54.40.

Invesco S&P SmallCap Value with Momentum ETF 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.