Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sees Large Volume Increase – Here’s What Happened

Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) saw unusually-strong trading volume on Friday . Approximately 132,582 shares changed hands during trading, an increase of 54% from the previous session’s volume of 86,276 shares.The stock last traded at $50.05 and had previously closed at $49.34.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 2.0 %

The company has a market cap of $658.30 million, a price-to-earnings ratio of 10.32 and a beta of 1.25. The firm has a 50-day moving average price of $53.97 and a 200 day moving average price of $55.23.

Institutional Trading of Invesco S&P SmallCap Value with Momentum ETF

Institutional investors have recently added to or reduced their stakes in the business. FMR LLC lifted its stake in Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the third quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after buying an additional 196 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 1,136.9% in the third quarter. JPMorgan Chase & Co. now owns 12,468 shares of the company’s stock valued at $686,000 after purchasing an additional 11,460 shares during the period. Stifel Financial Corp raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 32.7% during the third quarter. Stifel Financial Corp now owns 20,876 shares of the company’s stock valued at $1,148,000 after buying an additional 5,141 shares during the last quarter. Townsquare Capital LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 12.9% during the third quarter. Townsquare Capital LLC now owns 4,489 shares of the company’s stock worth $247,000 after buying an additional 514 shares during the period. Finally, IHT Wealth Management LLC grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 10.4% in the 3rd quarter. IHT Wealth Management LLC now owns 50,506 shares of the company’s stock worth $2,777,000 after buying an additional 4,765 shares in the last quarter.

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.