Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sees Unusually-High Trading Volume – Still a Buy?

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) shares saw an uptick in trading volume on Friday . 145,035 shares changed hands during mid-day trading, an increase of 62% from the previous session’s volume of 89,582 shares.The stock last traded at $55.80 and had previously closed at $55.91.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

The stock has a market cap of $782.78 million, a P/E ratio of 8.08 and a beta of 1.09. The stock has a 50-day simple moving average of $56.23 and a 200-day simple moving average of $55.62.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of XSVM. Brightwater Advisory LLC grew its position in Invesco S&P SmallCap Value with Momentum ETF by 2.3% during the 3rd quarter. Brightwater Advisory LLC now owns 8,680 shares of the company’s stock worth $477,000 after acquiring an additional 193 shares during the last quarter. FMR LLC increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the third quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after buying an additional 196 shares during the period. Creative Planning raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 4.4% in the 2nd quarter. Creative Planning now owns 9,149 shares of the company’s stock valued at $479,000 after buying an additional 382 shares during the last quarter. Sigma Planning Corp increased its position in Invesco S&P SmallCap Value with Momentum ETF by 6.8% in the 3rd quarter. Sigma Planning Corp now owns 6,911 shares of the company’s stock valued at $380,000 after acquiring an additional 437 shares during the period. Finally, Southland Equity Partners LLC increased its position in Invesco S&P SmallCap Value with Momentum ETF by 4.4% in the 4th quarter. Southland Equity Partners LLC now owns 10,556 shares of the company’s stock valued at $575,000 after acquiring an additional 442 shares during the period.

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.