Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Shares Acquired by Altman Advisors Inc.

Altman Advisors Inc. boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 1.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,456 shares of the company’s stock after acquiring an additional 956 shares during the period. Invesco S&P SmallCap Value with Momentum ETF accounts for about 1.8% of Altman Advisors Inc.’s portfolio, making the stock its 12th largest holding. Altman Advisors Inc.’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $3,219,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. ICA Group Wealth Management LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter valued at approximately $33,000. Wetzel Investment Advisors Inc. raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 64.4% in the 2nd quarter. Wetzel Investment Advisors Inc. now owns 707 shares of the company’s stock valued at $37,000 after buying an additional 277 shares during the period. Financial Gravity Asset Management Inc. acquired a new position in Invesco S&P SmallCap Value with Momentum ETF during the 2nd quarter worth about $72,000. O Shaughnessy Asset Management LLC boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 41.9% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,979 shares of the company’s stock valued at $113,000 after acquiring an additional 584 shares during the period. Finally, Western Wealth Management LLC acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter valued at about $299,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of XSVM opened at $51.88 on Thursday. The company’s 50-day simple moving average is $54.79 and its 200-day simple moving average is $54.48. Invesco S&P SmallCap Value with Momentum ETF has a 1 year low of $44.86 and a 1 year high of $60.22. The stock has a market capitalization of $736.70 million, a PE 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.