Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Hits New 1-Year High – Here’s What Happened

Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) hit a new 52-week high on Thursday . The company traded as high as $65.70 and last traded at $65.22, with a volume of 17046 shares trading hands. The stock had previously closed at $65.04.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

The stock has a fifty day moving average of $61.50 and a 200 day moving average of $59.08. The stock has a market cap of $609.62 million, a price-to-earnings ratio of 9.55 and a beta of 1.01.

Institutional Trading of Invesco S&P SmallCap Value with Momentum ETF

Several large investors have recently made changes to their positions in XSVM. O Shaughnessy Asset Management LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 7.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,620 shares of the company’s stock valued at $150,000 after purchasing an additional 184 shares during the period. Thoroughbred Financial Services LLC boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 2.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 8,223 shares of the company’s stock worth $469,000 after buying an additional 186 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 59.7% in the 3rd quarter. NewEdge Advisors LLC now owns 575 shares of the company’s stock worth $32,000 after buying an additional 215 shares during the last quarter. Apex Wealth Management LLC increased its stake in Invesco S&P SmallCap Value with Momentum ETF by 0.7% during the 3rd quarter. Apex Wealth Management LLC now owns 34,403 shares of the company’s stock worth $1,942,000 after buying an additional 238 shares in the last quarter. Finally, Lowery Thomas LLC raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 1.2% during the fourth quarter. Lowery Thomas LLC now owns 25,670 shares of the company’s stock valued at $1,467,000 after acquiring an additional 303 shares during the last quarter.

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.