Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Stock Position Cut by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 1.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,193 shares of the company’s stock after selling 372 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.16% of Invesco S&P SmallCap Value with Momentum ETF worth $1,275,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Raymond James & Associates boosted its stake in Invesco S&P SmallCap Value with Momentum ETF by 3.6% during the second quarter. Raymond James & Associates now owns 177,967 shares of the company’s stock valued at $9,322,000 after buying an additional 6,109 shares in the last quarter. Premier Path Wealth Partners LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 6.0% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 37,685 shares of the company’s stock valued at $1,974,000 after purchasing an additional 2,134 shares in the last quarter. Laurel Wealth Planning LLC acquired a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter worth approximately $1,386,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 3.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 33,207 shares of the company’s stock worth $1,739,000 after purchasing an additional 1,225 shares in the last quarter. Finally, Armbruster Capital Management Inc. lifted its stake in Invesco S&P SmallCap Value with Momentum ETF by 2.4% during the second quarter. Armbruster Capital Management Inc. now owns 9,309 shares of the company’s stock valued at $488,000 after purchasing an additional 215 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Down 1.7 %

Shares of NYSEARCA XSVM opened at $57.16 on Wednesday. The business has a fifty day simple moving average of $57.13 and a 200-day simple moving average of $55.21. The company has a market cap of $811.67 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 12 month low of $50.13 and a 12 month high of $61.40.

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.