Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Hits New 1-Year Low – Here’s What Happened

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)’s stock price reached a new 52-week low on Thursday . The company traded as low as $47.56 and last traded at $47.56, with a volume of 11230 shares traded. The stock had previously closed at $51.03.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

The stock has a market cap of $587.78 million, a price-to-earnings ratio of 9.81 and a beta of 1.26. The company’s 50 day moving average is $52.69 and its 200 day moving average is $54.77.

Invesco S&P SmallCap Value with Momentum ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.3974 per share. This is a positive change from Invesco S&P SmallCap Value with Momentum ETF’s previous dividend of $0.25. The ex-dividend date was Monday, March 24th.

Institutional Trading of Invesco S&P SmallCap Value with Momentum ETF

Several large investors have recently bought and sold shares of the company. FMR LLC lifted its holdings 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 in the last quarter. Townsquare Capital LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 12.9% during the third quarter. Townsquare Capital LLC now owns 4,489 shares of the company’s stock valued at $247,000 after buying an additional 514 shares during the period. Benjamin Edwards Inc. purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the third quarter valued at approximately $1,021,000. Integrated Wealth Concepts LLC boosted its position in Invesco S&P SmallCap Value with Momentum ETF by 4.1% during the third quarter. Integrated Wealth Concepts LLC now owns 13,002 shares of the company’s stock worth $715,000 after acquiring an additional 511 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 32.7% in the 3rd quarter. Stifel Financial Corp now owns 20,876 shares of the company’s stock worth $1,148,000 after acquiring an additional 5,141 shares during the period.

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.