Valmark Advisers Inc. Has $223,000 Stake in Invesco S&P SmallCap Value with Momentum ETF $XSVM

Valmark Advisers Inc. reduced its stake in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 98.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,705 shares of the company’s stock after selling 307,378 shares during the quarter. Valmark Advisers Inc.’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $223,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of XSVM. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P SmallCap Value with Momentum ETF by 271.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 353,900 shares of the company’s stock worth $20,222,000 after purchasing an additional 258,711 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 173.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 275,638 shares of the company’s stock worth $15,750,000 after buying an additional 174,751 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Invesco S&P SmallCap Value with Momentum ETF by 4,382.2% in the 4th quarter. Farther Finance Advisors LLC now owns 32,451 shares of the company’s stock valued at $1,854,000 after buying an additional 31,727 shares during the last quarter. Royal Bank of Canada boosted its position in Invesco S&P SmallCap Value with Momentum ETF by 41.7% in the 4th quarter. Royal Bank of Canada now owns 81,249 shares of the company’s stock valued at $4,643,000 after buying an additional 23,898 shares during the last quarter. Finally, Oath Planning LLC acquired a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF in the 4th quarter valued at $787,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

NYSEARCA XSVM opened at $70.66 on Thursday. The stock has a market capitalization of $662.79 million, a P/E ratio of 9.55 and a beta of 1.00. Invesco S&P SmallCap Value with Momentum ETF has a 52 week low of $50.75 and a 52 week high of $71.12. The stock has a fifty day moving average of $67.77 and a 200-day moving average of $63.70.

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. The Fund focuses to invest at least 90% of its total assets in the component securities, which comprise the Underlying Index.