Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sees Strong Trading Volume – Should You Buy?

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) shares saw an uptick in trading volume on Tuesday . 135,084 shares were traded during trading, an increase of 85% from the previous session’s volume of 72,923 shares.The stock last traded at $46.62 and had previously closed at $45.35.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

The company’s fifty day moving average is $52.48 and its two-hundred day moving average is $54.70. The firm has a market cap of $573.30 million, a price-to-earnings ratio of 9.81 and a beta of 1.26.

Invesco S&P SmallCap Value with Momentum ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.3974 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco S&P SmallCap Value with Momentum ETF’s previous dividend of $0.25.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in XSVM. FMR LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the 3rd quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after purchasing an additional 196 shares during the period. JPMorgan Chase & Co. increased its position 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 worth $686,000 after acquiring an additional 11,460 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 32.7% in the 3rd quarter. Stifel Financial Corp now owns 20,876 shares of the company’s stock valued at $1,148,000 after acquiring an additional 5,141 shares in the last quarter. Bestgate Wealth Advisors LLC acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter worth approximately $1,540,000. Finally, Dopkins Wealth Management LLC grew its position in Invesco S&P SmallCap Value with Momentum ETF by 379.8% during the 4th quarter. Dopkins Wealth Management LLC now owns 24,537 shares of the company’s stock worth $1,337,000 after purchasing an additional 19,423 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.