Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Short Interest Update

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 5,900 shares, anincreaseof55.3% from the July 15th total of 3,800 shares. Approximately0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 56,400 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 56,400 shares, the short-interest ratio is presently 0.1 days. Approximately0.1% of the company’s shares are sold short.

Invesco S&P SmallCap Value with Momentum ETF Trading Down 0.5%

NYSEARCA XSVM opened at $55.16 on Thursday. The company’s fifty day simple moving average is $52.91 and its 200-day simple moving average is $51.31. 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 stock has a market cap of $588.01 million, a P/E ratio of 9.55 and a beta of 1.25.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 132.9% in the first quarter. Farther Finance Advisors LLC now owns 836 shares of the company’s stock worth $42,000 after buying an additional 477 shares during the last quarter. Harbor Asset Planning Inc. bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the second quarter worth $50,000. N.E.W. Advisory Services LLC bought a new stake in Invesco S&P SmallCap Value with Momentum ETF during the first quarter valued at $64,000. Ameritas Advisory Services LLC bought a new stake in Invesco S&P SmallCap Value with Momentum ETF during the second quarter valued at $79,000. Finally, Private Trust Co. NA increased its stake in Invesco S&P SmallCap Value with Momentum ETF by 13.3% during the second quarter. Private Trust Co. NA now owns 2,133 shares of the company’s stock valued at $111,000 after purchasing an additional 250 shares during the last quarter.

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.