Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Reaches New 52-Week Low – Time to Sell?

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $50.65 and last traded at $50.54, with a volume of 27712 shares. The stock had previously closed at $51.65.

Invesco S&P SmallCap Value with Momentum ETF Stock Down 2.5 %

The firm has a 50 day moving average of $54.31 and a 200-day moving average of $55.38. The company has a market cap of $658.97 million, a P/E ratio of 10.32 and a beta of 1.25.

Hedge Funds Weigh In On Invesco S&P SmallCap Value with Momentum ETF

Several institutional investors have recently made changes to their positions in the company. Howe & Rusling Inc. purchased a new position in Invesco S&P SmallCap Value with Momentum ETF during the 3rd quarter valued at about $26,000. FMR LLC grew its stake in Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the third quarter. FMR LLC now owns 1,902 shares of the company’s stock valued at $105,000 after purchasing an additional 196 shares during the last quarter. CoreCap Advisors LLC raised its holdings in Invesco S&P SmallCap Value with Momentum ETF by 26.1% in the fourth quarter. CoreCap Advisors LLC now owns 2,280 shares of the company’s stock worth $124,000 after purchasing an additional 472 shares in the last quarter. Private Trust Co. NA boosted its holdings in shares of Invesco S&P SmallCap Value with Momentum ETF by 37.3% in the 4th quarter. Private Trust Co. NA now owns 2,429 shares of the company’s stock valued at $132,000 after buying an additional 660 shares in the last quarter. Finally, Sheets Smith Wealth Management acquired a new stake in Invesco S&P SmallCap Value with Momentum ETF in the third quarter valued at approximately $206,000.

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.