Fortress Wealth Management Inc. Sells 1,707 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Fortress Wealth Management Inc. decreased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 4.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 33,092 shares of the company’s stock after selling 1,707 shares during the quarter. Invesco S&P SmallCap Value with Momentum ETF accounts for about 0.9% of Fortress Wealth Management Inc.’s investment portfolio, making the stock its 24th biggest position. Fortress Wealth Management Inc. owned about 0.23% of Invesco S&P SmallCap Value with Momentum ETF worth $1,803,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. AQR Capital Management LLC raised its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 16.8% in the second quarter. AQR Capital Management LLC now owns 7,753 shares of the company’s stock valued at $406,000 after purchasing an additional 1,117 shares in the last quarter. Creative Planning boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.4% during the 2nd quarter. Creative Planning now owns 9,149 shares of the company’s stock valued at $479,000 after acquiring an additional 382 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P SmallCap Value with Momentum ETF by 12.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 89,506 shares of the company’s stock worth $4,688,000 after purchasing an additional 9,858 shares in the last quarter. Traction Financial Partners LLC grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 8.5% in the 2nd quarter. Traction Financial Partners LLC now owns 224,457 shares of the company’s stock valued at $12,186,000 after purchasing an additional 17,667 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 15.1% during the 2nd quarter. Cetera Investment Advisers now owns 93,030 shares of the company’s stock worth $4,873,000 after buying an additional 12,209 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

Shares of NYSEARCA:XSVM opened at $55.83 on Tuesday. The business’s fifty day moving average price is $56.37 and its two-hundred day moving average price is $55.61. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $50.79 and a fifty-two week high of $61.40. The stock has a market capitalization of $792.79 million, a price-to-earnings ratio of 8.08 and a beta of 1.09.

Invesco S&P SmallCap Value with Momentum ETF 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.