Howe & Rusling Inc. Purchases New Position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Howe & Rusling Inc. acquired a new position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 464 shares of the company’s stock, valued at approximately $26,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC increased 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 purchasing an additional 584 shares during the last quarter. Cetera Investment Advisers raised its position in Invesco S&P SmallCap Value with Momentum ETF by 607.8% in the first quarter. Cetera Investment Advisers now owns 80,821 shares of the company’s stock worth $4,602,000 after acquiring an additional 69,402 shares during the period. Cetera Advisors LLC boosted its stake in Invesco S&P SmallCap Value with Momentum ETF by 14.3% in the first quarter. Cetera Advisors LLC now owns 17,895 shares of the company’s stock valued at $1,019,000 after acquiring an additional 2,240 shares during the last quarter. HBW Advisory Services LLC grew its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 89.2% during the 2nd quarter. HBW Advisory Services LLC now owns 25,358 shares of the company’s stock valued at $1,328,000 after acquiring an additional 11,952 shares during the period. Finally, Insight Wealth Strategies LLC increased its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.5% during the 2nd quarter. Insight Wealth Strategies LLC now owns 100,153 shares of the company’s stock worth $5,246,000 after purchasing an additional 2,413 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

NYSEARCA:XSVM opened at $58.55 on Friday. The company has a market capitalization of $831.41 million, a P/E ratio of 8.08 and a beta of 1.09. The business has a fifty day simple moving average of $55.43 and a two-hundred day simple moving average of $54.69. Invesco S&P SmallCap Value with Momentum ETF has a 1 year low of $48.70 and a 1 year 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.