Creative Planning Sells 236 Shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)

Creative Planning decreased its position in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 8,913 shares of the company’s stock after selling 236 shares during the quarter. Creative Planning’s holdings in Invesco S&P SmallCap Value with Momentum ETF were worth $490,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,370 shares of the company’s stock worth $477,000 after acquiring an additional 190 shares during the period. Brightwater Advisory LLC lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 2.3% during the 3rd quarter. Brightwater Advisory LLC now owns 8,680 shares of the company’s stock worth $477,000 after purchasing an additional 193 shares in the last quarter. Armbruster Capital Management Inc. lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 2.4% during the 2nd quarter. Armbruster Capital Management Inc. now owns 9,309 shares of the company’s stock worth $488,000 after purchasing an additional 215 shares in the last quarter. Wetzel Investment Advisors Inc. lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 64.4% during the 2nd quarter. Wetzel Investment Advisors Inc. now owns 707 shares of the company’s stock worth $37,000 after purchasing an additional 277 shares in the last quarter. Finally, Focus Financial Network Inc. lifted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 0.5% during the 2nd quarter. Focus Financial Network Inc. now owns 113,310 shares of the company’s stock worth $6,489,000 after purchasing an additional 582 shares in the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of XSVM opened at $59.22 on Thursday. The stock’s 50-day simple moving average is $54.40 and its 200 day simple moving average is $54.37. The stock has a market capitalization of $840.92 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 52-week low of $45.95 and a 52-week high of $60.22.

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.