Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Purchased by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC raised its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 19.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 16,345 shares of the company’s stock after buying an additional 2,608 shares during the period. Moloney Securities Asset Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,553,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SPMO. PSI Advisors LLC increased its position in Invesco S&P 500 Momentum ETF by 61.8% during the fourth quarter. PSI Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after purchasing an additional 110 shares during the last quarter. Global Trust Asset Management LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 95.5% in the fourth quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after acquiring an additional 210 shares during the last quarter. Continuum Advisory LLC increased its stake in Invesco S&P 500 Momentum ETF by 44.2% during the third quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after acquiring an additional 216 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the third quarter worth $76,000. Finally, AdvisorNet Financial Inc lifted its stake in shares of Invesco S&P 500 Momentum ETF by 85.7% in the 4th quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock valued at $124,000 after purchasing an additional 601 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.8 %

Shares of SPMO opened at $102.03 on Friday. The company’s 50-day moving average price is $97.86 and its 200 day moving average price is $92.88. Invesco S&P 500 Momentum ETF has a 12-month low of $72.87 and a 12-month high of $103.09. The firm has a market cap of $1.64 billion, a P/E 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.