5,370 Shares in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Purchased by Alta Wealth Advisors LLC

Alta Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,370 shares of the company’s stock, valued at approximately $510,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. PSI Advisors LLC boosted 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 valued at $27,000 after acquiring an additional 110 shares in the last quarter. Weaver Consulting Group raised its holdings in Invesco S&P 500 Momentum ETF by 1.9% in the fourth quarter. Weaver Consulting Group now owns 11,145 shares of the company’s stock worth $1,059,000 after purchasing an additional 204 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 fourth quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after buying an additional 210 shares during the period. Continuum Advisory LLC boosted its holdings in shares of 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 valued at $67,000 after buying an additional 216 shares in the last quarter. Finally, Convergence Financial LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 1.1% in the 3rd quarter. Convergence Financial LLC now owns 40,832 shares of the company’s stock worth $3,701,000 after buying an additional 451 shares during the period.

Invesco S&P 500 Momentum ETF Trading Up 1.6 %

Invesco S&P 500 Momentum ETF stock opened at $100.68 on Friday. Invesco S&P 500 Momentum ETF has a 12 month low of $69.19 and a 12 month high of $101.86. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. The business’s fifty day simple moving average is $97.14 and its two-hundred day simple moving average is $92.27.

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.