Envestnet Asset Management Inc. Has $7.93 Million Position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Envestnet Asset Management Inc. grew its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 6.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 151,415 shares of the company’s stock after purchasing an additional 9,394 shares during the quarter. Envestnet Asset Management Inc. owned about 1.07% of Invesco S&P SmallCap Value with Momentum ETF worth $7,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the company. Traction Financial Partners LLC purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter worth approximately $10,537,000. LPL Financial LLC raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 11.0% in the second quarter. LPL Financial LLC now owns 1,671,712 shares of the company’s stock worth $87,564,000 after buying an additional 166,252 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 369.8% in the first quarter. Janney Montgomery Scott LLC now owns 158,362 shares of the company’s stock worth $9,017,000 after buying an additional 124,654 shares in the last quarter. Cetera Investment Advisers raised its position in Invesco S&P SmallCap Value with Momentum ETF by 607.8% during the first quarter. Cetera Investment Advisers now owns 80,821 shares of the company’s stock valued at $4,602,000 after purchasing an additional 69,402 shares in the last quarter. Finally, Valmark Advisers Inc. raised its position in Invesco S&P SmallCap Value with Momentum ETF by 42.4% during the second quarter. Valmark Advisers Inc. now owns 230,274 shares of the company’s stock valued at $12,062,000 after purchasing an additional 68,524 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 0.9 %

XSVM opened at $54.72 on Friday. The company has a market cap of $777.02 million, a P/E ratio of 8.08 and a beta of 1.09. The business’s 50-day moving average price is $54.90 and its 200-day moving average price is $54.50. Invesco S&P SmallCap Value with Momentum ETF has a 12 month low of $44.86 and a 12 month high of $60.22.

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.