Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Short Interest Down 62.3% in June

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 7,151 shares, a decrease of 62.3% from the June 15th total of 18,978 shares. Based on an average daily volume of 39,262 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in XSVM. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 271.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 353,900 shares of the company’s stock valued at $20,222,000 after buying an additional 258,711 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 173.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 275,638 shares of the company’s stock worth $15,750,000 after acquiring an additional 174,751 shares during the last quarter. Del Sette Capital Management LLC grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 397.2% during the 1st quarter. Del Sette Capital Management LLC now owns 51,204 shares of the company’s stock worth $3,086,000 after acquiring an additional 40,906 shares during the last quarter. Farther Finance Advisors LLC increased its position in Invesco S&P SmallCap Value with Momentum ETF by 4,382.2% in the 4th quarter. Farther Finance Advisors LLC now owns 32,451 shares of the company’s stock valued at $1,854,000 after acquiring an additional 31,727 shares during the period. Finally, Royal Bank of Canada increased its position in Invesco S&P SmallCap Value with Momentum ETF by 41.7% in the 4th quarter. Royal Bank of Canada now owns 81,249 shares of the company’s stock valued at $4,643,000 after acquiring an additional 23,898 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Invesco S&P SmallCap Value with Momentum ETF stock opened at $69.97 on Monday. The stock has a 50-day moving average price of $67.53 and a two-hundred day moving average price of $63.45. Invesco S&P SmallCap Value with Momentum ETF has a 12 month low of $50.75 and a 12 month high of $70.52. The company has a market capitalization of $656.32 million, a PE 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.