Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Shares Bought by Principal Securities Inc.

Principal Securities Inc. grew its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 7.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,754 shares of the company’s stock after purchasing an additional 714 shares during the quarter. Principal Securities Inc. owned approximately 0.07% of Invesco S&P SmallCap Value with Momentum ETF worth $531,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter worth $8,822,000. Valmark Advisers Inc. raised its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 8.5% during the 3rd quarter. Valmark Advisers Inc. now owns 249,759 shares of the company’s stock worth $13,734,000 after acquiring an additional 19,485 shares during the period. Altman Advisors Inc. raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 31.4% in the 3rd quarter. Altman Advisors Inc. now owns 80,740 shares of the company’s stock valued at $4,440,000 after buying an additional 19,284 shares during the period. Benjamin Edwards Inc. purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at about $1,021,000. Finally, World Investment Advisors LLC purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at about $796,000.

Invesco S&P SmallCap Value with Momentum ETF Trading Down 1.9 %

Shares of XSVM opened at $53.32 on Friday. The firm has a market cap of $757.14 million, a P/E ratio of 8.08 and a beta of 1.09. Invesco S&P SmallCap Value with Momentum ETF has a 12-month low of $50.79 and a 12-month high of $61.40. The company’s 50-day moving average price is $54.83 and its 200 day moving average price is $55.42.

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.