Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Reaches New 52-Week Low – Time to Sell?

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) shares hit a new 52-week low on Monday . The company traded as low as $50.65 and last traded at $50.54, with a volume of 27712 shares trading hands. The stock had previously closed at $51.65.

Invesco S&P SmallCap Value with Momentum ETF Stock Down 2.5 %

The business has a fifty day simple moving average of $54.31 and a 200-day simple moving average of $55.38. The firm has a market cap of $658.97 million, a P/E ratio of 10.32 and a beta of 1.25.

Institutional Investors Weigh In On Invesco S&P SmallCap Value with Momentum ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Leigh Baldwin & CO. LLC purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter valued at about $483,000. Focus Partners Advisor Solutions LLC raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 63.6% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 24,923 shares of the company’s stock valued at $1,358,000 after acquiring an additional 9,691 shares in the last quarter. CoreCap Advisors LLC increased its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 26.1% in the 4th quarter. CoreCap Advisors LLC now owns 2,280 shares of the company’s stock valued at $124,000 after acquiring an additional 472 shares during the period. Cetera Investment Advisers raised its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 3.8% during the 4th quarter. Cetera Investment Advisers now owns 103,503 shares of the company’s stock worth $5,639,000 after acquiring an additional 3,765 shares in the last quarter. Finally, Anderson Financial Strategies LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF in the fourth quarter worth about $6,399,000.

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.