Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) Short Interest Down 53.3% in April
by Amy Steele · The Cerbat GemInvesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM – Get Free Report) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 4,864 shares, a decline of 53.3% from the April 15th total of 10,408 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 25,531 shares, the short-interest ratio is presently 0.2 days.
Hedge Funds Weigh In On Invesco S&P SmallCap Value with Momentum ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 4,382.2% during the fourth quarter. Farther Finance Advisors LLC now owns 32,451 shares of the company’s stock valued at $1,854,000 after purchasing an additional 31,727 shares in the last quarter. Altman Advisors Inc. lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 41.6% during the third 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. Private Advisor Group LLC lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 24.1% during the third quarter. Private Advisor Group LLC now owns 98,349 shares of the company’s stock valued at $5,553,000 after purchasing an additional 19,123 shares in the last quarter. Banco Santander S.A. purchased a new position in Invesco S&P SmallCap Value with Momentum ETF during the third quarter valued at $14,949,000. Finally, Kellett Wealth Advisors LLC lifted its position in Invesco S&P SmallCap Value with Momentum ETF by 1.5% during the fourth quarter. Kellett Wealth Advisors LLC now owns 65,188 shares of the company’s stock valued at $3,725,000 after purchasing an additional 954 shares in the last quarter.
Invesco S&P SmallCap Value with Momentum ETF Trading Down 2.3%
NYSEARCA XSVM traded down $1.49 on Friday, hitting $64.21. 26,965 shares of the company traded hands, compared to its average volume of 43,760. The company has a market capitalization of $595.87 million, a price-to-earnings ratio of 9.55 and a beta of 1.01. The business’s 50 day moving average price is $62.36 and its 200-day moving average price is $60.10. Invesco S&P SmallCap Value with Momentum ETF has a 52-week low of $48.62 and a 52-week high of $67.12.
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.