OneDigital Investment Advisors LLC Sells 5,420 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

OneDigital Investment Advisors LLC cut its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 5.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 86,373 shares of the company’s stock after selling 5,420 shares during the period. OneDigital Investment Advisors LLC owned about 0.61% of Invesco S&P SmallCap Value with Momentum ETF worth $4,750,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in XSVM. Raymond James & Associates increased its position in Invesco S&P SmallCap Value with Momentum ETF by 3.6% during the second quarter. Raymond James & Associates now owns 177,967 shares of the company’s stock valued at $9,322,000 after acquiring an additional 6,109 shares during the last quarter. Creative Planning grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 4.4% during the 2nd quarter. Creative Planning now owns 9,149 shares of the company’s stock valued at $479,000 after purchasing an additional 382 shares during the last quarter. Cetera Investment Advisers raised its position in Invesco S&P SmallCap Value with Momentum ETF by 607.8% in the 1st quarter. Cetera Investment Advisers now owns 80,821 shares of the company’s stock worth $4,602,000 after purchasing an additional 69,402 shares during the period. Traction Financial Partners LLC lifted its stake in Invesco S&P SmallCap Value with Momentum ETF by 8.5% in the second quarter. Traction Financial Partners LLC now owns 224,457 shares of the company’s stock worth $12,186,000 after purchasing an additional 17,667 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 41.9% during the first quarter. O Shaughnessy Asset Management LLC now owns 1,979 shares of the company’s stock valued at $113,000 after buying an additional 584 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of NYSEARCA XSVM opened at $57.91 on Friday. The business’s 50 day moving average price is $54.98 and its 200-day moving average price is $54.59. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $48.04 and a fifty-two week high of $60.22. The company has a market cap of $822.32 million, a price-to-earnings ratio of 8.08 and a beta of 1.09.

About Invesco S&P SmallCap Value with Momentum ETF

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.