Trilogy Capital Inc. Lowers Stock Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Trilogy Capital Inc. decreased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 22.3% in the 3rd quarter, Holdings Channel reports. The firm owned 415,378 shares of the company’s stock after selling 119,377 shares during the period. Invesco S&P 500 Momentum ETF accounts for about 1.9% of Trilogy Capital Inc.’s investment portfolio, making the stock its 17th biggest holding. Trilogy Capital Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $37,650,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SPMO. Global Trust Asset Management LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter valued at approximately $34,000. ORG Partners LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 2nd quarter valued at $38,000. Concourse Financial Group Securities Inc. increased its stake in Invesco S&P 500 Momentum ETF by 103.9% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 569 shares of the company’s stock valued at $50,000 after buying an additional 290 shares during the period. Richardson Financial Services Inc. purchased a new position in Invesco S&P 500 Momentum ETF during the 1st quarter worth $60,000. Finally, Simplicity Wealth LLC purchased a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth $213,000.

Invesco S&P 500 Momentum ETF Stock Up 0.0 %

Shares of NYSEARCA:SPMO opened at $94.07 on Monday. The company has a 50-day moving average price of $89.56 and a 200 day moving average price of $85.36. Invesco S&P 500 Momentum ETF has a 52 week low of $55.32 and a 52 week high of $94.69. The company has a market cap of $1.52 billion, a P/E ratio of 20.66 and a beta of 1.00.

Invesco S&P 500 Momentum ETF 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.