Commonwealth Equity Services LLC Buys 10,697 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Commonwealth Equity Services LLC boosted its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 700,345 shares of the company’s stock after purchasing an additional 10,697 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $38,155,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in XSVM. Raymond James Financial Inc. bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at $11,198,000. Independent Advisor Alliance bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at $1,173,000. Altman Advisors Inc. boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 31.4% during the 3rd quarter. Altman Advisors Inc. now owns 80,740 shares of the company’s stock valued at $4,440,000 after buying an additional 19,284 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter valued at $1,021,000. Finally, Valmark Advisers Inc. boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 7.3% during the 4th quarter. Valmark Advisers Inc. now owns 267,955 shares of the company’s stock valued at $14,598,000 after buying an additional 18,196 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 2.2 %

Shares of XSVM stock opened at $50.41 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 12 month low of $49.25 and a 12 month high of $61.40. The stock has a market cap of $659.36 million, a PE ratio of 10.32 and a beta of 1.25. The company’s fifty day moving average price is $53.89 and its 200-day moving average price is $55.19.

About Invesco S&P SmallCap Value with Momentum ETF

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.