13-Dec-2024
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The Invesco S&P SmallCap Value with Momentum ETF (Fund) is based on the S&P 600 High Momentum Value Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of 120 securities in the S&P SmallCap 600 Index having the highest "value scores" and "momentum scores," calculated pursuant to the index methodology. Index constituents are weighted by their value scores; securities with higher value scores receive relatively greater weights.
Invesco S&P Smallcap Value With Momentum ETF trades on the ARCA stock market under the symbol XSVM.
As of December 13, 2024, XSVM stock price declined to $58.25 with 39,572 million shares trading.
XSVM has a beta of 0.96, meaning it tends to be less sensitive to market movements. XSVM has a correlation of 0.32 to the broad based SPY ETF.
XSVM has a market cap of $851.61 million. This is considered a Small Cap stock.
In the last 3 years, XSVM traded as high as $61.40 and as low as $41.01.
XSVM has underperformed the market in the last year with a price return of +14.1% while the SPY ETF gained +29.9%. However, in the short term, XSVM had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.6% vs +7.8% return in SPY. But in the last 2 weeks, XSVM shares have been beat by the market, returning -2.6% compared to an SPY return of +0.3%.
XSVM support price is $57.86 and resistance is $59.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XSVM shares will trade within this expected range on the day.