Eagle Strategies LLC Makes New Investment in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Eagle Strategies LLC bought a new stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,859 shares of the company’s stock, valued at approximately $265,000.

Several other hedge funds also recently modified their holdings of XSVM. Southland Equity Partners LLC lifted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.4% during the 4th quarter. Southland Equity Partners LLC now owns 10,556 shares of the company’s stock worth $575,000 after buying an additional 442 shares in the last quarter. Private Trust Co. NA lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 37.3% during the fourth quarter. Private Trust Co. NA now owns 2,429 shares of the company’s stock worth $132,000 after acquiring an additional 660 shares during the period. Sigma Planning Corp boosted its position in Invesco S&P SmallCap Value with Momentum ETF by 10.0% in the fourth quarter. Sigma Planning Corp now owns 7,601 shares of the company’s stock worth $414,000 after purchasing an additional 690 shares during the last quarter. Principal Securities Inc. grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 7.9% in the 4th quarter. Principal Securities Inc. now owns 9,754 shares of the company’s stock valued at $531,000 after purchasing an additional 714 shares during the period. Finally, IHT Wealth Management LLC increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 1.4% during the 4th quarter. IHT Wealth Management LLC now owns 51,232 shares of the company’s stock valued at $2,791,000 after purchasing an additional 726 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of NYSEARCA:XSVM opened at $48.63 on Friday. The company has a market capitalization of $583.07 million, a P/E ratio of 9.21 and a beta of 1.11. The company’s 50-day moving average is $49.19 and its 200 day moving average is $53.64. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $43.30 and a fifty-two week high of $61.40.

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.