Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC lessened its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM – Get Rating) by 68.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,216 shares of the company’s stock after selling 9,004 shares during the quarter. Belpointe Asset Management LLC’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $193,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of XSVM. Commonwealth Equity Services LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 101.7% in the third quarter. Commonwealth Equity Services LLC now owns 584,688 shares of the company’s stock worth $24,089,000 after acquiring an additional 294,749 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 19.2% in the fourth quarter. LPL Financial LLC now owns 1,288,340 shares of the company’s stock worth $58,929,000 after acquiring an additional 207,733 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 436.4% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 220,343 shares of the company’s stock worth $10,079,000 after acquiring an additional 179,262 shares in the last quarter. CWM LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 31.6% in the fourth quarter. CWM LLC now owns 318,252 shares of the company’s stock worth $14,557,000 after acquiring an additional 76,366 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in Invesco S&P SmallCap Value with Momentum ETF in the second quarter valued at about $3,334,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Down 1.5 %

Shares of Invesco S&P SmallCap Value with Momentum ETF stock opened at $42.71 on Wednesday. The firm has a market cap of $591.96 million, a P/E ratio of 6.89 and a beta of 1.25. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $41.01 and a fifty-two week high of $52.76. The business has a 50-day moving average price of $44.45 and a 200 day moving average price of $46.63.

About Invesco S&P SmallCap Value with Momentum ETF

(Get Rating)

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.