Farther Finance Advisors LLC Has $1.85 Million Holdings in Invesco S&P SmallCap Value with Momentum ETF $XSVM

Farther Finance Advisors LLC grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 4,382.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,451 shares of the company’s stock after acquiring an additional 31,727 shares during the period. Farther Finance Advisors LLC owned 0.34% of Invesco S&P SmallCap Value with Momentum ETF worth $1,854,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 59.7% during the third quarter. NewEdge Advisors LLC now owns 575 shares of the company’s stock worth $32,000 after acquiring an additional 215 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF during the third quarter worth approximately $68,000. CoreCap Advisors LLC raised its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 17.1% in the third quarter. CoreCap Advisors LLC now owns 2,900 shares of the company’s stock valued at $164,000 after buying an additional 423 shares in the last quarter. Ullmann Wealth Partners Group LLC acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $204,000. Finally, Sheets Smith Wealth Management acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $211,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

NYSEARCA XSVM opened at $64.91 on Monday. Invesco S&P SmallCap Value with Momentum ETF has a 1-year low of $45.24 and a 1-year high of $65.38. The company has a 50 day moving average of $61.43 and a 200-day moving average of $58.92. The company has a market cap of $604.96 million, a price-to-earnings ratio of 9.55 and a beta of 1.01.

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.