Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Sold by Insight Advisors LLC PA

Insight Advisors LLC PA decreased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 12.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,500 shares of the company’s stock after selling 954 shares during the period. Insight Advisors LLC PA’s holdings in Invesco S&P 500 Momentum ETF were worth $621,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Trilogy Capital Inc. increased its position in Invesco S&P 500 Momentum ETF by 1.6% during the fourth quarter. Trilogy Capital Inc. now owns 421,901 shares of the company’s stock worth $40,085,000 after buying an additional 6,523 shares during the period. Tectonic Advisors LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $247,000. Money Concepts Capital Corp raised its stake in shares of Invesco S&P 500 Momentum ETF by 9.1% during the fourth quarter. Money Concepts Capital Corp now owns 611,529 shares of the company’s stock worth $58,101,000 after purchasing an additional 50,980 shares during the last quarter. Jackson Wealth Management LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 7.4% during the fourth quarter. Jackson Wealth Management LLC now owns 24,329 shares of the company’s stock worth $2,311,000 after purchasing an additional 1,679 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its stake in shares of Invesco S&P 500 Momentum ETF by 61.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 10,065 shares of the company’s stock worth $956,000 after purchasing an additional 3,826 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Invesco S&P 500 Momentum ETF stock opened at $101.92 on Thursday. Invesco S&P 500 Momentum ETF has a 12 month low of $72.33 and a 12 month high of $102.03. The business has a 50 day simple moving average of $97.50 and a 200-day simple moving average of $92.64. The stock has a market capitalization of $1.64 billion, a PE ratio of 20.66 and a beta of 1.00.

Invesco S&P 500 Momentum ETF Company Profile

The Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum (US Dollar) index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is managed by Invesco.