Commonwealth Equity Services LLC Has $230,000 Holdings in Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM)

Commonwealth Equity Services LLC decreased its stake in Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,001 shares of the company’s stock after selling 384 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.53% of Invesco S&P 500 Value with Momentum ETF worth $230,000 at the end of the most recent quarter.

Separately, Raymond James Financial Inc. bought a new position in shares of Invesco S&P 500 Value with Momentum ETF during the fourth quarter valued at $1,550,000.

Invesco S&P 500 Value with Momentum ETF Stock Performance

Shares of NYSEARCA:SPVM opened at $54.16 on Thursday. The company’s fifty day moving average is $57.41 and its 200-day moving average is $58.75. Invesco S&P 500 Value with Momentum ETF has a 52 week low of $49.89 and a 52 week high of $63.50. The company has a market capitalization of $47.66 million, a PE ratio of 13.74 and a beta of 1.03.

Invesco S&P 500 Value with Momentum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.3348 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco S&P 500 Value with Momentum ETF Company Profile

The Invesco S&P 500 Value with Momentum ETF (SPVM) is an exchange-traded fund that is based on the S&P 500 High Momentum Value index. The fund tracks an index of S&P 500 stocks selected by value and momentum and weighted by value. SPVM was launched on Jun 16, 2011 and is managed by Invesco.