Stifel Financial Corp Acquires 5,141 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Stifel Financial Corp increased its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 32.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,876 shares of the company’s stock after purchasing an additional 5,141 shares during the quarter. Stifel Financial Corp’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $1,148,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of XSVM. IHT Wealth Management LLC boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 10.4% in the third quarter. IHT Wealth Management LLC now owns 50,506 shares of the company’s stock valued at $2,777,000 after buying an additional 4,765 shares during the period. Integrated Wealth Concepts LLC lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 4.1% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 13,002 shares of the company’s stock valued at $715,000 after acquiring an additional 511 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter worth $1,021,000. Townsquare Capital LLC increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 12.9% during the 3rd quarter. Townsquare Capital LLC now owns 4,489 shares of the company’s stock worth $247,000 after purchasing an additional 514 shares in the last quarter. Finally, FMR LLC raised its stake 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.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

XSVM stock opened at $54.76 on Monday. The stock has a market capitalization of $777.59 million, a P/E ratio of 8.08 and a beta of 1.09. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $50.13 and a fifty-two week high of $61.40. The business has a 50-day moving average of $57.15 and a 200-day moving average of $55.21.

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.