Parallel Advisors LLC Trims Stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Parallel Advisors LLC lessened its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 8.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,001 shares of the company’s stock after selling 575 shares during the period. Parallel Advisors LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $327,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Howe & Rusling Inc. purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at about $26,000. FMR LLC raised its stake 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 purchasing an additional 196 shares in the last quarter. Private Trust Co. NA lifted its position 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 valued at $132,000 after purchasing an additional 660 shares during the last quarter. Townsquare Capital LLC grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 12.9% in the 3rd quarter. Townsquare Capital LLC now owns 4,489 shares of the company’s stock worth $247,000 after buying an additional 514 shares in the last quarter. Finally, SRS Capital Advisors Inc. bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter worth $324,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

NYSEARCA XSVM opened at $50.62 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 fifty day moving average of $53.64 and a 200-day moving average of $55.00. The company has a market capitalization of $645.41 million, a P/E ratio of 9.81 and a beta of 1.26.

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.