Cetera Investment Advisers Lowers Holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Cetera Investment Advisers trimmed its position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 29.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,391 shares of the company’s stock after selling 30,112 shares during the period. Cetera Investment Advisers owned approximately 0.61% of Invesco S&P SmallCap Value with Momentum ETF worth $3,684,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avantax Advisory Services Inc. boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.4% during the 1st quarter. Avantax Advisory Services Inc. now owns 299,997 shares of the company’s stock worth $15,060,000 after purchasing an additional 12,574 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 7.8% during the 1st quarter. Private Advisor Group LLC now owns 71,037 shares of the company’s stock worth $3,566,000 after purchasing an additional 5,118 shares in the last quarter. Altman Advisors Inc. boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 3.6% during the 1st quarter. Altman Advisors Inc. now owns 85,074 shares of the company’s stock worth $4,123,000 after purchasing an additional 2,934 shares in the last quarter. Valued Wealth Advisors LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 47.9% during the 1st quarter. Valued Wealth Advisors LLC now owns 26,400 shares of the company’s stock worth $1,325,000 after purchasing an additional 8,552 shares in the last quarter. Finally, Principal Securities Inc. boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.2% during the 1st quarter. Principal Securities Inc. now owns 9,965 shares of the company’s stock worth $543,000 after purchasing an additional 211 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of NYSEARCA XSVM opened at $52.01 on Tuesday. The firm has a market capitalization of $554.43 million, a P/E ratio of 9.55 and a beta of 1.25. Invesco S&P SmallCap Value with Momentum ETF has a one year low of $43.30 and a one year high of $61.40. The company’s fifty day moving average is $52.00 and its two-hundred day moving average is $51.35.

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.