Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sets New 52-Week High at $58.06

Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $58.06 and last traded at $58.06, with a volume of 91876 shares. The stock had previously closed at $56.38.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

The company’s 50 day moving average price is $53.77 and its 200-day moving average price is $53.96. The company has a market cap of $819.34 million, a PE ratio of 8.08 and a beta of 1.09.

Institutional Investors Weigh In On Invesco S&P SmallCap Value with Momentum ETF

Several large investors have recently modified their holdings of XSVM. ICA Group Wealth Management LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter worth approximately $33,000. O Shaughnessy Asset Management LLC boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 41.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,979 shares of the company’s stock worth $113,000 after buying an additional 584 shares during the period. Crown Wealth Group LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter worth approximately $238,000. Western Wealth Management LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF in the 2nd quarter worth approximately $299,000. Finally, Williams & Novak LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter worth approximately $313,000.

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.