Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Short Interest Update

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 20,980 shares, a decrease of 41.5% from the July 30th total of 35,845 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 31,774 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Premier Path Wealth Partners LLC boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 25.9% during the second quarter. Premier Path Wealth Partners LLC now owns 49,922 shares of the company’s stock valued at $3,474,000 after buying an additional 10,278 shares during the last quarter. Avant Capital LLC bought a new position in Invesco S&P SmallCap Value with Momentum ETF during the 2nd quarter valued at about $278,000. Nwam LLC purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 2nd quarter valued at about $1,814,000. Williams & Novak LLC boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.6% during the 2nd quarter. Williams & Novak LLC now owns 35,073 shares of the company’s stock valued at $2,441,000 after acquiring an additional 875 shares during the last quarter. Finally, Cooper Financial Group grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 0.6% in the second quarter. Cooper Financial Group now owns 72,107 shares of the company’s stock worth $5,018,000 after acquiring an additional 426 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of XSVM traded down $0.68 on Tuesday, hitting $68.46. 18,219 shares of the stock traded hands, compared to its average volume of 38,213. Invesco S&P SmallCap Value with Momentum ETF has a one year low of $52.86 and a one year high of $72.97. The company has a market capitalization of $646.95 million, a PE ratio of 9.55 and a beta of 1.00. The business has a 50 day simple moving average of $70.46 and a 200 day simple moving average of $66.15.

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.