Moloney Securities Asset Management LLC Grows Stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Moloney Securities Asset Management LLC lifted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 19.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,345 shares of the company’s stock after purchasing an additional 2,608 shares during the quarter. Moloney Securities Asset Management LLC owned about 0.10% of Invesco S&P 500 Momentum ETF worth $1,553,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PSI Advisors LLC grew its stake in shares of 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 acquiring an additional 110 shares during the last quarter. Weaver Consulting Group lifted its position in Invesco S&P 500 Momentum ETF by 1.9% during the fourth quarter. Weaver Consulting Group now owns 11,145 shares of the company’s stock valued at $1,059,000 after purchasing an additional 204 shares during the period. Global Trust Asset Management LLC grew 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 purchasing an additional 210 shares during the period. Continuum Advisory LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 44.2% in the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock valued at $67,000 after buying an additional 216 shares during the period. Finally, Trinity Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 8.5% in the fourth quarter. Trinity Wealth Management LLC now owns 3,593 shares of the company’s stock worth $341,000 after buying an additional 280 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.8 %

Shares of NYSEARCA:SPMO opened at $102.03 on Friday. The company 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 has a 12-month low of $72.87 and a 12-month high of $103.09. The business has a 50 day moving average of $97.86 and a two-hundred day moving average of $92.88.

About Invesco S&P 500 Momentum ETF

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.