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

Invesco S&P SmallCap Value with Momentum ETF (NYSEARCA:XSVM) shares saw unusually-high trading volume on Friday . Approximately 145,035 shares changed hands during trading, an increase of 62% from the previous session’s volume of 89,582 shares.The stock last traded at $55.80 and had previously closed at $55.91.

Invesco S&P SmallCap Value with Momentum ETF Trading Down 1.1 %

The firm has a market cap of $785.54 million, a price-to-earnings ratio of 8.08 and a beta of 1.09. The firm has a 50 day moving average price of $56.15 and a 200-day moving average price of $55.62.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Howe & Rusling Inc. acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at about $26,000. FMR LLC raised its stake in Invesco S&P SmallCap Value with Momentum ETF by 11.5% in the 3rd 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. Sheets Smith Wealth Management acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at about $206,000. Financial Advocates Investment Management acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at about $228,000. Finally, Schrum Private Wealth Management LLC acquired a new position in Invesco S&P SmallCap Value with Momentum ETF in the 3rd quarter valued at about $244,000.

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.