Carolinas Wealth Consulting LLC Has $306,000 Stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Carolinas Wealth Consulting LLC boosted its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 34.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,840 shares of the company’s stock after buying an additional 1,494 shares during the quarter. Carolinas Wealth Consulting LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $306,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. ICA Group Wealth Management LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter valued at $33,000. Wetzel Investment Advisors Inc. raised its position in Invesco S&P SmallCap Value with Momentum ETF by 64.4% in the 2nd quarter. Wetzel Investment Advisors Inc. now owns 707 shares of the company’s stock valued at $37,000 after purchasing an additional 277 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new position in Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter valued at $72,000. O Shaughnessy Asset Management LLC raised its position in Invesco S&P SmallCap Value with Momentum ETF by 41.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,979 shares of the company’s stock valued at $113,000 after purchasing an additional 584 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter valued at $299,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of XSVM opened at $54.99 on Thursday. The stock has a fifty day moving average price of $55.03 and a two-hundred day moving average price of $54.47. Invesco S&P SmallCap Value with Momentum ETF has a 52-week low of $44.86 and a 52-week high of $60.22. The company has a market cap of $780.86 million, a price-to-earnings ratio of 8.08 and a beta of 1.09.

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.