Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Shares Sold by TruWealth Advisors LLC

TruWealth Advisors LLC cut its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 66.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 4,287 shares of the company’s stock after selling 8,478 shares during the period. TruWealth Advisors LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $215,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. RFG Advisory LLC lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 32.9% during the 1st quarter. RFG Advisory LLC now owns 12,611 shares of the company’s stock worth $633,000 after acquiring an additional 3,124 shares in the last quarter. HBW Advisory Services LLC lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 4.0% during the 1st quarter. HBW Advisory Services LLC now owns 22,564 shares of the company’s stock worth $1,133,000 after acquiring an additional 859 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 40.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,596 shares of the company’s stock worth $850,000 after acquiring an additional 4,470 shares in the last quarter. Leigh Baldwin & CO. LLC acquired a new position in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter worth approximately $483,000. Finally, Focus Partners Advisor Solutions LLC raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 63.6% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 24,923 shares of the company’s stock valued at $1,358,000 after purchasing an additional 9,691 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Up 1.3%

Shares of XSVM opened at $50.39 on Wednesday. The business’s 50 day moving average is $48.57 and its two-hundred day moving average is $52.70. Invesco S&P SmallCap Value with Momentum ETF has a 52-week low of $43.30 and a 52-week high of $61.40. The firm has a market cap of $585.03 million, a price-to-earnings ratio of 9.85 and a beta of 1.08.

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.