Cooper Financial Group Cuts Stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Cooper Financial Group decreased its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,967 shares of the company’s stock after selling 1,449 shares during the period. Cooper Financial Group owned approximately 0.44% of Invesco S&P SmallCap Value with Momentum ETF worth $3,376,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. CWM LLC grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 44.5% during the 3rd quarter. CWM LLC now owns 673,288 shares of the company’s stock valued at $37,024,000 after purchasing an additional 207,424 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the third quarter worth approximately $8,822,000. CHB Investment Group LLC bought a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the third quarter worth $1,875,000. Cedrus LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter valued at $1,543,000. Finally, Valmark Advisers Inc. boosted its stake in Invesco S&P SmallCap Value with Momentum ETF by 8.5% during the 3rd quarter. Valmark Advisers Inc. now owns 249,759 shares of the company’s stock valued at $13,734,000 after acquiring an additional 19,485 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of XSVM stock traded up $0.02 during trading hours on Monday, hitting $52.37. 201,833 shares of the company were exchanged, compared to its average volume of 92,330. The stock has a market capitalization of $743.65 million, a price-to-earnings ratio of 8.08 and a beta of 1.09. Invesco S&P SmallCap Value with Momentum ETF has a one year low of $50.13 and a one year high of $61.40. The business’s 50-day simple moving average is $57.03 and its two-hundred day simple moving average is $55.39.

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.