Atria Wealth Solutions Inc. Cuts Stock Position in Invesco S&P SmallCap Value with Momentum ETF $XSVM

Atria Wealth Solutions Inc. lessened its stake in Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) by 46.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,689 shares of the company’s stock after selling 4,859 shares during the period. Atria Wealth Solutions Inc. owned 0.05% of Invesco S&P SmallCap Value with Momentum ETF worth $296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Avantax Advisory Services Inc. grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 4.4% in the first quarter. Avantax Advisory Services Inc. now owns 299,997 shares of the company’s stock valued at $15,060,000 after purchasing an additional 12,574 shares during the last quarter. 360 Financial Inc. grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 4.4% during the first quarter. 360 Financial Inc. now owns 295,414 shares of the company’s stock worth $14,830,000 after acquiring an additional 12,424 shares during the last quarter. Valmark Advisers Inc. grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 6.2% during the second quarter. Valmark Advisers Inc. now owns 295,307 shares of the company’s stock worth $15,353,000 after acquiring an additional 17,254 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.8% during the first quarter. Envestnet Asset Management Inc. now owns 137,484 shares of the company’s stock worth $6,902,000 after acquiring an additional 3,771 shares during the last quarter. Finally, CW Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the first quarter worth about $6,204,000.

Invesco S&P SmallCap Value with Momentum ETF Stock Performance

Shares of XSVM stock opened at $56.06 on Wednesday. Invesco S&P SmallCap Value with Momentum ETF has a fifty-two week low of $43.30 and a fifty-two week high of $61.40. The firm has a market capitalization of $579.66 million, a price-to-earnings ratio of 9.55 and a beta of 1.25. The stock’s 50-day simple moving average is $56.51 and its 200-day simple moving average is $52.61.

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.