Independent Advisor Alliance Makes New $1.17 Million Investment in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Independent Advisor Alliance acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 21,535 shares of the company’s stock, valued at approximately $1,173,000. Independent Advisor Alliance owned 0.15% of Invesco S&P SmallCap Value with Momentum ETF as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in XSVM. FMR LLC boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the third quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after acquiring an additional 196 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 1,136.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,468 shares of the company’s stock valued at $686,000 after purchasing an additional 11,460 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 32.7% during the 3rd quarter. Stifel Financial Corp now owns 20,876 shares of the company’s stock worth $1,148,000 after purchasing an additional 5,141 shares during the period. Townsquare Capital LLC increased its position in Invesco S&P SmallCap Value with Momentum ETF by 12.9% during the 3rd quarter. Townsquare Capital LLC now owns 4,489 shares of the company’s stock worth $247,000 after purchasing an additional 514 shares in the last quarter. Finally, IHT Wealth Management LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 10.4% in the third quarter. IHT Wealth Management LLC now owns 50,506 shares of the company’s stock valued at $2,777,000 after buying an additional 4,765 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Up 2.2 %

XSVM opened at $50.41 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 52-week low of $49.25 and a 52-week high of $61.40. The company has a 50 day moving average of $53.89 and a two-hundred day moving average of $55.19. The company has a market cap of $659.36 million, a P/E ratio of 10.32 and a beta of 1.25.

Invesco S&P SmallCap Value with Momentum ETF 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.