Premier Path Wealth Partners LLC Buys 10,278 Shares of Invesco S&P SmallCap Value with Momentum ETF $XSVM

Premier Path Wealth Partners LLC boosted its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 25.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,922 shares of the company’s stock after purchasing an additional 10,278 shares during the quarter. Premier Path Wealth Partners LLC owned about 0.53% of Invesco S&P SmallCap Value with Momentum ETF worth $3,474,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Avant Capital LLC bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter valued at about $278,000. Nwam LLC acquired a new position in Invesco S&P SmallCap Value with Momentum ETF during the second quarter valued at approximately $1,814,000. Williams & Novak LLC increased its stake in Invesco S&P SmallCap Value with Momentum ETF by 2.6% in the second quarter. Williams & Novak LLC now owns 35,073 shares of the company’s stock valued at $2,441,000 after purchasing an additional 875 shares in the last quarter. Cooper Financial Group increased its stake in Invesco S&P SmallCap Value with Momentum ETF by 0.6% in the second quarter. Cooper Financial Group now owns 72,107 shares of the company’s stock valued at $5,018,000 after purchasing an additional 426 shares in the last quarter. Finally, Evanson Financial LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF in the second quarter worth $310,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Up 0.5%

Shares of NYSEARCA XSVM opened at $70.04 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a twelve month low of $52.86 and a twelve month high of $72.97. The stock has a market cap of $661.88 million, a price-to-earnings ratio of 9.55 and a beta of 0.99. The company’s fifty day moving average is $70.47 and its 200-day moving average is $66.27.

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.