Mayflower Financial Advisors LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 22,886 shares of the company’s stock, valued at approximately $2,174,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PSI Advisors LLC lifted its position in Invesco S&P 500 Momentum ETF by 61.8% during the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after buying an additional 110 shares in the last quarter. Global Trust Asset Management LLC lifted its position in Invesco S&P 500 Momentum ETF by 95.5% during the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after buying an additional 210 shares in the last quarter. Continuum Advisory LLC lifted its position in Invesco S&P 500 Momentum ETF by 44.2% during the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after buying an additional 216 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $76,000. Finally, AdvisorNet Financial Inc increased its stake in shares of Invesco S&P 500 Momentum ETF by 85.7% during the 4th quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock worth $124,000 after purchasing an additional 601 shares during the last quarter.
Invesco S&P 500 Momentum ETF Price Performance
Invesco S&P 500 Momentum ETF stock opened at $99.41 on Wednesday. The firm has a market capitalization of $1.60 billion, a PE ratio of 20.66 and a beta of 1.00. The company’s 50-day moving average is $97.05 and its 200-day moving average is $92.22. Invesco S&P 500 Momentum ETF has a fifty-two week low of $69.19 and a fifty-two week high of $101.86.
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.
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