Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Stake Raised by Altman Advisors Inc.

Altman Advisors Inc. raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 31.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,740 shares of the company’s stock after acquiring an additional 19,284 shares during the period. Invesco S&P SmallCap Value with Momentum ETF makes up approximately 2.0% of Altman Advisors Inc.’s holdings, making the stock its 7th biggest holding. Altman Advisors Inc. owned approximately 0.57% of Invesco S&P SmallCap Value with Momentum ETF worth $4,440,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of XSVM. Howe & Rusling Inc. bought a new position in Invesco S&P SmallCap Value with Momentum ETF during the third quarter valued at $26,000. Wetzel Investment Advisors Inc. lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 64.4% in the 2nd quarter. Wetzel Investment Advisors Inc. now owns 707 shares of the company’s stock valued at $37,000 after purchasing an additional 277 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter worth approximately $72,000. O Shaughnessy Asset Management LLC increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 41.9% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,979 shares of the company’s stock valued at $113,000 after purchasing an additional 584 shares during the last quarter. Finally, Sheets Smith Wealth Management bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter valued at approximately $206,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Down 0.5 %

Shares of XSVM opened at $57.57 on Wednesday. Invesco S&P SmallCap Value with Momentum ETF has a 52-week low of $48.68 and a 52-week high of $60.22. The company has a market cap of $817.49 million, a PE ratio of 8.08 and a beta of 1.09. The business has a fifty day moving average of $55.19 and a 200 day moving average of $54.64.

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.