CW Advisors LLC Takes Position in Invesco S&P SmallCap Value with Momentum ETF $XSVM

CW Advisors LLC bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) in the first quarter, Holdings Channel.com reports. The institutional investor bought 123,587 shares of the company’s stock, valued at approximately $6,204,000.

Several other hedge funds also recently added to or reduced their stakes in XSVM. Avantax Advisory Services Inc. raised its stake in Invesco S&P SmallCap Value with Momentum ETF by 4.4% in the first quarter. Avantax Advisory Services Inc. now owns 299,997 shares of the company’s stock valued at $15,060,000 after buying an additional 12,574 shares during the last quarter. 360 Financial Inc. increased its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.4% during the first quarter. 360 Financial Inc. now owns 295,414 shares of the company’s stock valued at $14,830,000 after acquiring an additional 12,424 shares in the last quarter. Valmark Advisers Inc. raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 3.8% in the 1st quarter. Valmark Advisers Inc. now owns 278,053 shares of the company’s stock valued at $13,958,000 after purchasing an additional 10,098 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Invesco S&P SmallCap Value with Momentum ETF by 2.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 137,484 shares of the company’s stock worth $6,902,000 after purchasing an additional 3,771 shares in the last quarter. Finally, Anderson Financial Strategies LLC purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter worth approximately $6,399,000.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 4.3%

NYSEARCA XSVM opened at $57.35 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 12-month low of $43.30 and a 12-month high of $61.40. The company has a fifty day simple moving average of $53.14 and a two-hundred day simple moving average of $51.33. The stock has a market cap of $611.35 million, a P/E ratio of 9.55 and a beta of 1.25.

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.