Premier Path Wealth Partners LLC Boosts Stock Position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Premier Path Wealth Partners LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 6.0% in the second quarter, HoldingsChannel reports. The fund owned 37,685 shares of the company’s stock after acquiring an additional 2,134 shares during the period. Premier Path Wealth Partners LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $1,974,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XSVM. ICA Group Wealth Management LLC bought a new stake in Invesco S&P SmallCap Value with Momentum ETF during the fourth quarter valued at about $33,000. O Shaughnessy Asset Management LLC raised its stake in Invesco S&P SmallCap Value with Momentum ETF by 41.9% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,979 shares of the company’s stock valued at $113,000 after purchasing an additional 584 shares during the period. Western Wealth Management LLC purchased a new position in Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter worth approximately $299,000. Sheets Smith Wealth Management bought a new position in Invesco S&P SmallCap Value with Momentum ETF in the 1st quarter worth approximately $350,000. Finally, Dynamic Advisor Solutions LLC grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 12.5% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 6,182 shares of the company’s stock valued at $324,000 after buying an additional 687 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of Invesco S&P SmallCap Value with Momentum ETF stock traded up $1.92 on Friday, hitting $56.38. 64,686 shares of the company traded hands, compared to its average volume of 76,797. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $44.86 and a 52 week high of $60.22. The business has a 50-day simple moving average of $54.15 and a 200 day simple moving average of $54.37. The stock has a market capitalization of $800.60 million, a P/E ratio of 8.08 and a beta of 1.09.

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.