Meridian Wealth Management LLC Sells 1,142 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Meridian Wealth Management LLC lessened its position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,319 shares of the company’s stock after selling 1,142 shares during the quarter. Meridian Wealth Management LLC owned 0.21% of Invesco S&P SmallCap Value with Momentum ETF worth $1,612,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Raymond James & Associates lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 3.6% in the 2nd quarter. Raymond James & Associates now owns 177,967 shares of the company’s stock worth $9,322,000 after acquiring an additional 6,109 shares during the last quarter. Creative Planning lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.4% in the 2nd quarter. Creative Planning now owns 9,149 shares of the company’s stock worth $479,000 after acquiring an additional 382 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 607.8% in the 1st quarter. Cetera Investment Advisers now owns 80,821 shares of the company’s stock worth $4,602,000 after acquiring an additional 69,402 shares during the last quarter. Traction Financial Partners LLC lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 8.5% in the 2nd quarter. Traction Financial Partners LLC now owns 224,457 shares of the company’s stock worth $12,186,000 after acquiring an additional 17,667 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 41.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,979 shares of the company’s stock worth $113,000 after acquiring an additional 584 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

Shares of XSVM opened at $59.54 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 1-year low of $48.70 and a 1-year high of $60.22. The company has a 50-day moving average of $55.55 and a 200 day moving average of $54.72. The firm has a market capitalization of $845.47 million, a price-to-earnings ratio of 8.08 and a beta of 1.09.

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.