Raymond James & Associates Has $7.55 Million Stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Raymond James & Associates decreased its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM – Get Rating) by 23.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 165,041 shares of the company’s stock after selling 49,844 shares during the quarter. Raymond James & Associates’ holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $7,549,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Private Trust Co. NA grew its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 78.7% in the 4th quarter. Private Trust Co. NA now owns 588 shares of the company’s stock valued at $27,000 after acquiring an additional 259 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 14.1% in the 4th quarter. IFP Advisors Inc now owns 4,115 shares of the company’s stock valued at $134,000 after acquiring an additional 507 shares in the last quarter. Keel Point LLC grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 9.7% during the fourth quarter. Keel Point LLC now owns 6,815 shares of the company’s stock worth $312,000 after purchasing an additional 601 shares during the period. Resources Investment Advisors LLC. grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 7.0% during the third quarter. Resources Investment Advisors LLC. now owns 11,238 shares of the company’s stock worth $463,000 after purchasing an additional 739 shares during the period. Finally, Cooper Financial Group grew its holdings in Invesco S&P SmallCap Value with Momentum ETF by 1.7% during the fourth quarter. Cooper Financial Group now owns 57,715 shares of the company’s stock worth $2,640,000 after purchasing an additional 973 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Invesco S&P SmallCap Value with Momentum ETF stock opened at $44.22 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $41.01 and a 52 week high of $52.76. The stock has a market capitalization of $612.89 million, a P/E ratio of 6.89 and a beta of 1.25. The stock has a 50-day simple moving average of $44.22 and a 200 day simple moving average of $46.57.

Invesco S&P SmallCap Value with Momentum ETF Company Profile

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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.