Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Stock Position Boosted by Aspire Wealth Management Corp

Aspire Wealth Management Corp increased its position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 0.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 125,454 shares of the company’s stock after purchasing an additional 481 shares during the quarter. Invesco S&P SmallCap Value with Momentum ETF makes up approximately 3.7% of Aspire Wealth Management Corp’s investment portfolio, making the stock its 8th largest position. Aspire Wealth Management Corp owned about 0.88% of Invesco S&P SmallCap Value with Momentum ETF worth $6,899,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. grew its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 64.4% in the second quarter. Wetzel Investment Advisors Inc. now owns 707 shares of the company’s stock valued at $37,000 after purchasing an additional 277 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the 2nd quarter worth $72,000. O Shaughnessy Asset Management LLC boosted its position in shares of 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 last quarter. Financial Advocates Investment Management purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at about $228,000. Finally, Western Wealth Management LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF during the second quarter worth about $299,000.

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

NYSEARCA:XSVM traded up $0.28 on Friday, reaching $58.82. The company’s stock had a trading volume of 7,762 shares, compared to its average volume of 72,831. Invesco S&P SmallCap Value with Momentum ETF has a 12-month low of $45.95 and a 12-month high of $60.22. The stock has a 50 day moving average price of $54.47 and a 200 day moving average price of $54.40. The firm has a market cap of $835.24 million, a price-to-earnings 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.