Williams & Novak LLC Acquires 12,275 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Williams & Novak LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 67.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 30,390 shares of the company’s stock after acquiring an additional 12,275 shares during the quarter. Invesco S&P SmallCap Value with Momentum ETF makes up about 1.6% of Williams & Novak LLC’s portfolio, making the stock its 16th largest holding. Williams & Novak LLC owned about 0.21% of Invesco S&P SmallCap Value with Momentum ETF worth $1,656,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Howe & Rusling Inc. acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at $26,000. FMR LLC grew its position in shares of 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 buying an additional 196 shares during the last quarter. Sheets Smith Wealth Management acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at about $206,000. Financial Advocates Investment Management bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the third quarter worth about $228,000. Finally, Schrum Private Wealth Management LLC acquired a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter worth approximately $244,000.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

Shares of XSVM stock opened at $55.41 on Wednesday. Invesco S&P SmallCap Value with Momentum ETF has a one year low of $50.79 and a one year high of $61.40. The business’s 50 day simple moving average is $56.37 and its 200 day simple moving average is $55.61. The stock has a market capitalization of $786.82 million, a PE ratio of 8.08 and a beta of 1.09.

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.