Assetmark Inc. Purchases New Holdings in Invesco S&P SmallCap Value with Momentum ETF $XSVM

Assetmark Inc. acquired a new position in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 21,187 shares of the company’s stock, valued at approximately $1,277,000. Assetmark Inc. owned about 0.23% of Invesco S&P SmallCap Value with Momentum ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 4,382.2% in the fourth quarter. Farther Finance Advisors LLC now owns 32,451 shares of the company’s stock valued at $1,854,000 after purchasing an additional 31,727 shares in the last quarter. Oath Planning LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter worth about $787,000. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 13.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 108,321 shares of the company’s stock worth $6,189,000 after purchasing an additional 13,132 shares during the period. Altman Advisors Inc. boosted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 10.7% during the 4th quarter. Altman Advisors Inc. now owns 137,061 shares of the company’s stock valued at $7,832,000 after acquiring an additional 13,197 shares during the last quarter. Finally, Del Sette Capital Management LLC boosted its holdings in Invesco S&P SmallCap Value with Momentum ETF by 397.2% during the 1st quarter. Del Sette Capital Management LLC now owns 51,204 shares of the company’s stock valued at $3,086,000 after acquiring an additional 40,906 shares during the period.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of Invesco S&P SmallCap Value with Momentum ETF stock opened at $70.96 on Friday. Invesco S&P SmallCap Value with Momentum ETF has a one year low of $50.75 and a one year high of $72.23. The business has a 50-day simple moving average of $68.53 and a 200-day simple moving average of $64.32. The company has a market cap of $671.99 million, a PE ratio of 9.55 and a beta of 1.00.

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.