Creative Planning Increases Stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Creative Planning raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 4.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,149 shares of the company’s stock after buying an additional 382 shares during the quarter. Creative Planning owned about 0.06% of Invesco S&P SmallCap Value with Momentum ETF worth $479,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. LPL Financial LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 11.0% in the 2nd quarter. LPL Financial LLC now owns 1,671,712 shares of the company’s stock valued at $87,564,000 after purchasing an additional 166,252 shares during the last quarter. CWM LLC increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 6.7% during the second quarter. CWM LLC now owns 465,864 shares of the company’s stock valued at $24,402,000 after acquiring an additional 29,216 shares during the last quarter. 49 Wealth Management LLC raised its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 13.6% in the 1st quarter. 49 Wealth Management LLC now owns 271,860 shares of the company’s stock valued at $15,371,000 after acquiring an additional 32,489 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 29.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 245,096 shares of the company’s stock worth $13,956,000 after acquiring an additional 56,342 shares during the last quarter. Finally, Valmark Advisers Inc. boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 42.4% during the 2nd quarter. Valmark Advisers Inc. now owns 230,274 shares of the company’s stock worth $12,062,000 after purchasing an additional 68,524 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Trading Down 0.1 %

XSVM opened at $55.02 on Wednesday. The stock’s 50-day moving average price is $54.34 and its 200 day moving average price is $54.41. Invesco S&P SmallCap Value with Momentum ETF has a 12-month low of $44.86 and a 12-month high of $60.22. The firm has a market cap of $781.28 million, a price-to-earnings 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.