Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM – Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 183,705 shares changed hands during mid-day trading, an increase of 104% from the previous session’s volume of 90,101 shares.The stock last traded at $52.20 and had previously closed at $52.35.
Invesco S&P SmallCap Value with Momentum ETF Price Performance
The stock has a 50-day moving average price of $56.99 and a 200-day moving average price of $55.41. The company has a market capitalization of $779.01 million, a P/E ratio of 8.08 and a beta of 1.09.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. CWM LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 44.5% during the 3rd quarter. CWM LLC now owns 673,288 shares of the company’s stock valued at $37,024,000 after purchasing an additional 207,424 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter worth approximately $8,822,000. CHB Investment Group LLC acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter worth approximately $1,875,000. Cedrus LLC bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at $1,543,000. Finally, Valmark Advisers Inc. lifted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 8.5% during the 3rd quarter. Valmark Advisers Inc. now owns 249,759 shares of the company’s stock valued at $13,734,000 after acquiring an additional 19,485 shares during the period.
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.
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