Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Position Raised by Traction Financial Partners LLC

Traction Financial Partners LLC increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 8.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 224,457 shares of the company’s stock after buying an additional 17,667 shares during the quarter. Invesco S&P SmallCap Value with Momentum ETF accounts for about 8.9% of Traction Financial Partners LLC’s investment portfolio, making the stock its 4th biggest holding. Traction Financial Partners LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $12,186,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC grew its position in Invesco S&P SmallCap Value with Momentum ETF by 11.0% during the 2nd quarter. LPL Financial LLC now owns 1,671,712 shares of the company’s stock worth $87,564,000 after purchasing an additional 166,252 shares during the period. CWM LLC grew its position in Invesco S&P SmallCap Value with Momentum ETF by 6.7% during the 2nd quarter. CWM LLC now owns 465,864 shares of the company’s stock worth $24,402,000 after purchasing an additional 29,216 shares during the period. 49 Wealth Management LLC grew its position in Invesco S&P SmallCap Value with Momentum ETF by 13.6% during the 1st quarter. 49 Wealth Management LLC now owns 271,860 shares of the company’s stock worth $15,371,000 after purchasing an additional 32,489 shares during the period. Avantax Advisory Services Inc. grew its position in Invesco S&P SmallCap Value with Momentum ETF by 29.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 245,096 shares of the company’s stock worth $13,956,000 after purchasing an additional 56,342 shares during the period. Finally, 360 Financial Inc. grew its position in Invesco S&P SmallCap Value with Momentum ETF by 9.8% during the 4th quarter. 360 Financial Inc. now owns 240,965 shares of the company’s stock worth $13,053,000 after purchasing an additional 21,446 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of XSVM opened at $54.72 on Monday. The business’s 50-day moving average is $54.90 and its two-hundred day moving average is $54.50. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $44.86 and a fifty-two week high of $60.22. The company has a market capitalization of $777.02 million, a P/E 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.