Traction Financial Partners LLC Has $10.79 Million Stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Traction Financial Partners LLC lowered its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 12.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,175 shares of the company’s stock after selling 28,282 shares during the quarter. Invesco S&P SmallCap Value with Momentum ETF comprises approximately 8.5% of Traction Financial Partners LLC’s investment portfolio, making the stock its 5th biggest position. Traction Financial Partners LLC owned about 1.38% of Invesco S&P SmallCap Value with Momentum ETF worth $10,788,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in XSVM. Wetzel Investment Advisors Inc. increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 64.4% in the 2nd quarter. Wetzel Investment Advisors Inc. now owns 707 shares of the company’s stock worth $37,000 after purchasing an additional 277 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the second quarter valued at $72,000. O Shaughnessy Asset Management LLC boosted its position in Invesco S&P SmallCap Value with Momentum ETF by 41.9% during the first 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. Sheets Smith Wealth Management acquired a new position in shares of Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at about $206,000. Finally, Financial Advocates Investment Management bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter valued at about $228,000.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

Shares of NYSEARCA:XSVM traded up $0.03 during midday trading on Thursday, hitting $58.59. 14,792 shares of the company’s stock were exchanged, compared to its average volume of 72,905. The company has a market cap of $831.98 million, a PE ratio of 8.08 and a beta of 1.09. The stock has a 50 day moving average price of $54.80 and a 200-day moving average price of $54.54. Invesco S&P SmallCap Value with Momentum ETF has a 12 month low of $48.04 and a 12 month high of $60.22.

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.