Bank of America Corp DE Has $24.74 Million Holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Bank of America Corp DE decreased its holdings in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 3.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 454,106 shares of the company’s stock after selling 17,922 shares during the period. Bank of America Corp DE’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $24,740,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 1,136.9% during the 3rd 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 last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 1.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 162,431 shares of the company’s stock worth $8,849,000 after buying an additional 1,996 shares during the last quarter. Southland Equity Partners LLC boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.4% during the 4th quarter. Southland Equity Partners LLC now owns 10,556 shares of the company’s stock worth $575,000 after buying an additional 442 shares during the period. Andina Capital Management LLC acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter valued at about $772,000. Finally, Williams & Novak LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 67.8% in the 4th quarter. Williams & Novak LLC now owns 30,390 shares of the company’s stock valued at $1,656,000 after acquiring an additional 12,275 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Up 0.5%

Shares of NYSEARCA:XSVM opened at $51.56 on Monday. Invesco S&P SmallCap Value with Momentum ETF has a 12-month low of $43.30 and a 12-month high of $61.40. The business has a 50 day moving average of $48.74 and a 200-day moving average of $53.28. The stock has a market cap of $604.80 million, a PE ratio of 9.85 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.