Invesco S&P SmallCap Value with Momentum ETF $XSVM Stake Lessened by Truist Financial Corp

Truist Financial Corp lowered its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 10.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,153 shares of the company’s stock after selling 507 shares during the period. Truist Financial Corp’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $216,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of XSVM. Farther Finance Advisors LLC lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 132.9% in the first quarter. Farther Finance Advisors LLC now owns 836 shares of the company’s stock valued at $42,000 after purchasing an additional 477 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the first quarter worth $64,000. Eagle Strategies LLC raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 31.3% during the first quarter. Eagle Strategies LLC now owns 6,381 shares of the company’s stock worth $320,000 after acquiring an additional 1,522 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the first quarter worth $381,000. Finally, Jane Street Group LLC raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 62.7% during the first quarter. Jane Street Group LLC now owns 10,370 shares of the company’s stock worth $521,000 after acquiring an additional 3,997 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 0.5%

Shares of NYSEARCA:XSVM opened at $55.07 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 1 year low of $43.30 and a 1 year high of $61.40. The business has a fifty day simple moving average of $56.42 and a 200 day simple moving average of $52.48. The firm has a market cap of $569.42 million, a price-to-earnings ratio of 9.55 and a beta of 1.25.

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.