Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Sees Unusually-High Trading Volume – Time to Buy?

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) saw strong trading volume on Friday . 132,582 shares were traded during mid-day 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 Price Performance

The stock has a market cap of $642.73 million, a PE ratio of 9.81 and a beta of 1.26. The business has a fifty day moving average of $53.89 and a 200-day moving average of $55.18.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of XSVM. LPL Financial LLC raised its stake in Invesco S&P SmallCap Value with Momentum ETF by 2.5% in the 4th quarter. LPL Financial LLC now owns 1,682,054 shares of the company’s stock valued at $91,638,000 after purchasing an additional 41,074 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in Invesco S&P SmallCap Value with Momentum ETF by 1.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 700,345 shares of the company’s stock valued at $38,155,000 after purchasing an additional 10,697 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in Invesco S&P SmallCap Value with Momentum ETF by 2.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 287,423 shares of the company’s stock valued at $15,659,000 after purchasing an additional 8,069 shares during the last quarter. 360 Financial Inc. raised its stake in Invesco S&P SmallCap Value with Momentum ETF by 5.9% in the 4th quarter. 360 Financial Inc. now owns 282,990 shares of the company’s stock valued at $15,417,000 after purchasing an additional 15,788 shares during the last quarter. Finally, Valmark Advisers Inc. raised its stake in Invesco S&P SmallCap Value with Momentum ETF by 7.3% in the 4th quarter. Valmark Advisers Inc. now owns 267,955 shares of the company’s stock valued at $14,598,000 after purchasing an additional 18,196 shares during 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.