Park Avenue Securities LLC Buys New Stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Park Avenue Securities LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,473 shares of the company’s stock, valued at approximately $225,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XSVM. CoreCap Advisors LLC lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 26.1% during the 4th quarter. CoreCap Advisors LLC now owns 2,280 shares of the company’s stock worth $124,000 after buying an additional 472 shares in the last quarter. Private Trust Co. NA lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 37.3% during the 4th quarter. Private Trust Co. NA now owns 2,429 shares of the company’s stock worth $132,000 after buying an additional 660 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 1,226.9% during the 4th quarter. NewEdge Advisors LLC now owns 4,777 shares of the company’s stock worth $260,000 after buying an additional 4,417 shares in the last quarter. Eagle Strategies LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter worth approximately $265,000. Finally, WESCAP Management Group Inc. lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 25.3% during the 4th quarter. WESCAP Management Group Inc. now owns 5,894 shares of the company’s stock worth $321,000 after buying an additional 1,191 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 1.0%

Shares of NYSEARCA:XSVM opened at $50.36 on Tuesday. The company’s 50 day moving average is $49.09 and its two-hundred day moving average is $52.11. The company has a market cap of $584.68 million, a PE ratio of 9.85 and a beta of 1.08. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $43.30 and a 52 week 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.