Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Reaches New 1-Year High – Time to Buy?

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $69.78 and last traded at $69.78, with a volume of 1741 shares traded. The stock had previously closed at $68.49.

Invesco S&P SmallCap Value with Momentum ETF Price Performance

The company has a market capitalization of $643.94 million, a P/E ratio of 9.55 and a beta of 1.00. The company has a fifty day simple moving average of $65.41 and a two-hundred day simple moving average of $61.87.

Institutional Investors Weigh In On Invesco S&P SmallCap Value with Momentum ETF

A number of institutional investors have recently bought and sold shares of XSVM. Banco Santander S.A. acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF during the third quarter worth $14,949,000. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P SmallCap Value with Momentum ETF by 271.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 353,900 shares of the company’s stock worth $20,222,000 after buying an additional 258,711 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Invesco S&P SmallCap Value with Momentum ETF by 173.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 275,638 shares of the company’s stock worth $15,750,000 after buying an additional 174,751 shares in the last quarter. Del Sette Capital Management LLC boosted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 397.2% in the 1st quarter. Del Sette Capital Management LLC now owns 51,204 shares of the company’s stock valued at $3,086,000 after purchasing an additional 40,906 shares in the last quarter. Finally, Altman Advisors Inc. boosted its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 41.6% in the 3rd quarter. Altman Advisors Inc. now owns 123,864 shares of the company’s stock valued at $6,993,000 after purchasing an additional 36,417 shares in the last quarter.

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. The Fund focuses to invest at least 90% of its total assets in the component securities, which comprise the Underlying Index.