Janney Montgomery Scott LLC Sells 137,481 Shares of Invesco S&P SmallCap Value with Momentum ETF $XSVM

Janney Montgomery Scott LLC lessened its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 49.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 138,157 shares of the company’s stock after selling 137,481 shares during the quarter. Janney Montgomery Scott LLC owned 1.48% of Invesco S&P SmallCap Value with Momentum ETF worth $8,325,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XSVM. Garton & Associates Financial Advisors LLC bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter worth about $32,000. UMB Bank n.a. acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the fourth quarter worth about $32,000. NewEdge Advisors LLC lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 59.7% during the 3rd quarter. NewEdge Advisors LLC now owns 575 shares of the company’s stock valued at $32,000 after purchasing an additional 215 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at about $39,000. Finally, Steward Partners Investment Advisory LLC grew its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 94.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $56,000 after purchasing an additional 478 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

NYSEARCA XSVM opened at $69.55 on Friday. The business has a 50 day simple moving average of $67.15 and a 200 day simple moving average of $63.05. Invesco S&P SmallCap Value with Momentum ETF has a 52-week low of $50.75 and a 52-week high of $70.52. The stock has a market cap of $650.29 million, a price-to-earnings ratio of 9.55 and a beta of 1.00.

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. The Fund focuses to invest at least 90% of its total assets in the component securities, which comprise the Underlying Index.