HighTower Advisors LLC Sells 1,683 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

HighTower Advisors LLC lowered its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 5.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 31,773 shares of the company’s stock after selling 1,683 shares during the quarter. HighTower Advisors LLC owned 0.22% of Invesco S&P SmallCap Value with Momentum ETF worth $1,746,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. CWM LLC raised 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 buying an additional 207,424 shares during the last quarter. LPL Financial LLC raised its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 11.0% during the second quarter. LPL Financial LLC now owns 1,671,712 shares of the company’s stock valued at $87,564,000 after acquiring an additional 166,252 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Invesco S&P SmallCap Value with Momentum ETF during the third quarter valued at about $8,822,000. Valmark Advisers Inc. boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 42.4% during the second quarter. Valmark Advisers Inc. now owns 230,274 shares of the company’s stock worth $12,062,000 after purchasing an additional 68,524 shares during the period. Finally, CHB Investment Group LLC purchased a new position in Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter valued at about $1,875,000.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

XSVM opened at $58.25 on Friday. The firm has a market capitalization of $827.15 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 has a 50 day simple moving average of $56.98 and a two-hundred day simple moving average of $55.16.

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.