Aspire Wealth Management Corp Raises Stock Holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Aspire Wealth Management Corp grew its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 0.4% in the third quarter, HoldingsChannel.com reports. The fund owned 125,454 shares of the company’s stock after acquiring an additional 481 shares during the period. Invesco S&P SmallCap Value with Momentum ETF makes up 3.7% of Aspire Wealth Management Corp’s investment portfolio, making the stock its 8th largest position. Aspire Wealth Management Corp’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $6,899,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,370 shares of the company’s stock valued at $477,000 after purchasing an additional 190 shares in the last quarter. Brightwater Advisory LLC lifted its stake in Invesco S&P SmallCap Value with Momentum ETF by 2.3% in the third quarter. Brightwater Advisory LLC now owns 8,680 shares of the company’s stock valued at $477,000 after buying an additional 193 shares in the last quarter. Armbruster Capital Management Inc. boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.4% in the second quarter. Armbruster Capital Management Inc. now owns 9,309 shares of the company’s stock valued at $488,000 after buying an additional 215 shares during the period. Wetzel Investment Advisors Inc. increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 64.4% during the second quarter. Wetzel Investment Advisors Inc. now owns 707 shares of the company’s stock worth $37,000 after acquiring an additional 277 shares in the last quarter. Finally, Creative Planning raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.4% during the second quarter. Creative Planning now owns 9,149 shares of the company’s stock worth $479,000 after acquiring an additional 382 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

NYSEARCA XSVM traded up $0.28 on Friday, reaching $58.82. The company had a trading volume of 7,762 shares, compared to its average volume of 72,831. The company’s fifty day moving average is $54.47 and its 200-day moving average is $54.40. The firm has a market capitalization of $835.24 million, a price-to-earnings ratio of 8.08 and a beta of 1.09. Invesco S&P SmallCap Value with Momentum ETF has a 1-year low of $45.95 and a 1-year high of $60.22.

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.