Kellett Wealth Advisors LLC Has $2.50 Million Position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Kellett Wealth Advisors LLC increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 10.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,901 shares of the company’s stock after acquiring an additional 4,399 shares during the period. Invesco S&P SmallCap Value with Momentum ETF comprises 1.7% of Kellett Wealth Advisors LLC’s holdings, making the stock its 13th largest holding. Kellett Wealth Advisors LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $2,501,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in XSVM. Howe & Rusling Inc. bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter worth about $26,000. FMR LLC lifted its stake in Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the 3rd quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after purchasing an additional 196 shares during the last quarter. Sheets Smith Wealth Management acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $206,000. Financial Advocates Investment Management bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the third quarter worth $228,000. Finally, Schrum Private Wealth Management LLC acquired a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the third quarter worth $244,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of XSVM opened at $53.78 on Wednesday. The stock has a market capitalization of $703.44 million, a price-to-earnings ratio of 10.32 and a beta of 1.25. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $50.79 and a 52 week high of $61.40. The stock has a fifty day moving average of $54.67 and a 200-day moving average of $55.46.

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.