Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sees Large Volume Increase – Should You Buy?

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) shares saw strong trading volume on Friday . 132,582 shares traded hands during trading, an increase of 54% from the previous session’s volume of 86,276 shares.The stock last traded at $50.05 and had previously closed at $49.34.

Invesco S&P SmallCap Value with Momentum ETF Trading Up 2.0 %

The company has a market cap of $658.30 million, a PE ratio of 10.32 and a beta of 1.25. The company has a fifty day simple moving average of $53.97 and a two-hundred day simple moving average of $55.23.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at about $11,198,000. Anderson Financial Strategies LLC purchased a new stake in shares of Invesco S&P SmallCap Value with Momentum ETF during the fourth quarter valued at approximately $6,399,000. LPL Financial LLC lifted its position in shares of Invesco S&P SmallCap Value with Momentum ETF by 2.5% during the fourth quarter. LPL Financial LLC now owns 1,682,054 shares of the company’s stock worth $91,638,000 after purchasing an additional 41,074 shares in the last quarter. Apex Wealth Management LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at $1,841,000. Finally, Bestgate Wealth Advisors LLC acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF during the 4th quarter valued at $1,540,000.

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.