Royal Bank of Canada Has $4.29 Million Stake in Invesco S&P SmallCap Value with Momentum ETF $XSVM

Royal Bank of Canada reduced its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 12.3% in the first quarter, HoldingsChannel.com reports. The fund owned 71,264 shares of the company’s stock after selling 9,985 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $4,295,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 7.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,620 shares of the company’s stock valued at $150,000 after purchasing an additional 184 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 2.3% in the fourth quarter. Thoroughbred Financial Services LLC now owns 8,223 shares of the company’s stock worth $469,000 after purchasing an additional 186 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Invesco S&P SmallCap Value with Momentum ETF by 59.7% in the third quarter. NewEdge Advisors LLC now owns 575 shares of the company’s stock worth $32,000 after purchasing an additional 215 shares in the last quarter. Lowery Thomas LLC lifted its stake in Invesco S&P SmallCap Value with Momentum ETF by 1.2% in the fourth quarter. Lowery Thomas LLC now owns 25,670 shares of the company’s stock valued at $1,467,000 after buying an additional 303 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its stake in Invesco S&P SmallCap Value with Momentum ETF by 94.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $56,000 after buying an additional 478 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 $71.39 on Friday. The stock has a market capitalization of $674.64 million, a price-to-earnings ratio of 9.55 and a beta of 1.00. Invesco S&P SmallCap Value with Momentum ETF has a 52-week low of $52.86 and a 52-week high of $72.97. The stock’s 50 day moving average price is $69.94 and its two-hundred day moving average price is $65.47.

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