Bestgate Wealth Advisors LLC Decreases Stake in Invesco S&P SmallCap Value with Momentum ETF $XSVM

Bestgate Wealth Advisors LLC lessened its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 22.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,337 shares of the company’s stock after selling 7,240 shares during the quarter. Invesco S&P SmallCap Value with Momentum ETF makes up about 2.6% of Bestgate Wealth Advisors LLC’s portfolio, making the stock its 13th biggest holding. Bestgate Wealth Advisors LLC owned approximately 0.26% of Invesco S&P SmallCap Value with Momentum ETF worth $1,467,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. NewEdge Advisors LLC raised its position in shares of 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 valued at $32,000 after buying an additional 215 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at about $32,000. UMB Bank n.a. purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at about $32,000. Kestra Advisory Services LLC purchased a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at about $39,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 94.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $56,000 after acquiring an additional 478 shares during the last quarter.

Invesco S&P SmallCap Value with Momentum ETF Trading Down 0.1%

XSVM stock opened at $69.59 on Wednesday. The firm has a 50-day moving average of $66.87 and a two-hundred day moving average of $62.85. Invesco S&P SmallCap Value with Momentum ETF has a 12 month low of $50.75 and a 12 month high of $70.45. The company has a market cap of $645.80 million, a price-to-earnings ratio of 9.55 and a beta of 1.00.

Invesco S&P SmallCap Value with Momentum ETF 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.