Invesco S&P SmallCap Value with Momentum ETF $XSVM is Altman Advisors Inc.’s 9th Largest Position

Altman Advisors Inc. lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 41.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 123,864 shares of the company’s stock after buying an additional 36,417 shares during the period. Invesco S&P SmallCap Value with Momentum ETF comprises 2.4% of Altman Advisors Inc.’s holdings, making the stock its 9th largest holding. Altman Advisors Inc. owned approximately 1.19% of Invesco S&P SmallCap Value with Momentum ETF worth $6,993,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Beacon Capital Management Inc. bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter valued at about $56,000. JPMorgan Chase & Co. bought a new stake in Invesco S&P SmallCap Value with Momentum ETF during the third quarter worth approximately $68,000. CoreCap Advisors LLC increased its stake in Invesco S&P SmallCap Value with Momentum ETF by 17.1% during the third quarter. CoreCap Advisors LLC now owns 2,900 shares of the company’s stock worth $164,000 after acquiring an additional 423 shares during the last quarter. Ullmann Wealth Partners Group LLC purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF during the third quarter valued at approximately $204,000. Finally, Sheets Smith Wealth Management purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF during the third quarter valued at approximately $211,000.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

NYSEARCA:XSVM opened at $59.56 on Monday. The firm has a market capitalization of $563.44 million, a price-to-earnings ratio of 9.55 and a beta of 1.07. The business has a 50 day simple moving average of $61.18 and a 200-day simple moving average of $58.17. Invesco S&P SmallCap Value with Momentum ETF has a 1 year low of $43.30 and a 1 year high of $64.47.

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. The Fund focuses to invest at least 90% of its total assets in the component securities, which comprise the Underlying Index.