Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 6.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,632 shares of the company’s stock after selling 1,561 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $1,178,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in XSVM. FMR LLC grew its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 11.5% during the third 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 last quarter. Private Trust Co. NA lifted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 37.3% in the 4th quarter. Private Trust Co. NA now owns 2,429 shares of the company’s stock worth $132,000 after purchasing an additional 660 shares during the last quarter. Townsquare Capital LLC boosted its position 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 valued at $247,000 after purchasing an additional 514 shares during the period. SRS Capital Advisors Inc. bought a new position in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter worth $324,000. Finally, Sigma Planning Corp increased its position in Invesco S&P SmallCap Value with Momentum ETF by 10.0% in the fourth quarter. Sigma Planning Corp now owns 7,601 shares of the company’s stock worth $414,000 after buying an additional 690 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Trading Down 2.0 %

NYSEARCA XSVM opened at $50.02 on Monday. The company has a 50-day moving average price of $53.32 and a two-hundred day moving average price of $54.95. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $49.25 and a 52 week high of $61.40. The stock has a market cap of $637.76 million, a price-to-earnings ratio of 9.81 and a beta of 1.26.

Invesco S&P SmallCap Value with Momentum ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.3974 dividend. This is a positive change from Invesco S&P SmallCap Value with Momentum ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, March 24th.

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.