Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sees Large Volume Increase – Here’s Why

Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) saw unusually-strong trading volume on Friday . Approximately 91,232 shares traded hands during trading, an increase of 10% from the previous session’s volume of 82,936 shares.The stock last traded at $54.27 and had previously closed at $54.37.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

The stock has a market capitalization of $759.63 million, a PE ratio of 8.08 and a beta of 1.09. The firm’s 50 day simple moving average is $54.93 and its 200 day simple moving average is $55.41.

Institutional Trading of Invesco S&P SmallCap Value with Momentum ETF

Several institutional investors have recently added to or reduced their stakes in XSVM. Howe & Rusling Inc. bought 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 lifted its position 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 during the last quarter. CoreCap Advisors LLC boosted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 26.1% during the fourth quarter. CoreCap Advisors LLC now owns 2,280 shares of the company’s stock valued at $124,000 after purchasing an additional 472 shares during the period. Private Trust Co. NA grew its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 37.3% in the fourth quarter. Private Trust Co. NA now owns 2,429 shares of the company’s stock worth $132,000 after purchasing an additional 660 shares during the last quarter. Finally, Sheets Smith Wealth Management bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter worth approximately $206,000.

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.