Creative Planning lessened its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM – Free Report) by 2.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,913 shares of the company’s stock after selling 236 shares during the quarter. Creative Planning owned 0.06% of Invesco S&P SmallCap Value with Momentum ETF worth $490,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wetzel Investment Advisors Inc. increased its holdings 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 buying an additional 277 shares during the period. Financial Gravity Asset Management Inc. bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter worth about $72,000. O Shaughnessy Asset Management LLC grew its holdings in shares of 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 worth $113,000 after purchasing an additional 584 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter worth about $299,000. Finally, Carolinas Wealth Consulting LLC grew its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 34.4% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 5,840 shares of the company’s stock worth $306,000 after purchasing an additional 1,494 shares during the last quarter.
Invesco S&P SmallCap Value with Momentum ETF Stock Performance
XSVM opened at $59.22 on Thursday. The firm’s 50-day simple moving average is $54.40 and its 200-day simple moving average is $54.37. Invesco S&P SmallCap Value with Momentum ETF has a twelve month low of $45.95 and a twelve month high of $60.22. The firm has a market cap of $840.92 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.
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