Ashton Thomas Private Wealth LLC Purchases New Shares in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Ashton Thomas Private Wealth LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 13,657 shares of the company’s stock, valued at approximately $1,298,000. Ashton Thomas Private Wealth LLC owned approximately 0.08% of Invesco S&P 500 Momentum ETF at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. PSI Advisors LLC grew its holdings 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 purchasing an additional 110 shares in the last quarter. Global Trust Asset Management LLC grew its holdings 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 valued at $41,000 after purchasing an additional 210 shares in the last quarter. Continuum Advisory LLC grew its holdings 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 valued at $67,000 after purchasing an additional 216 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at $76,000. Finally, AdvisorNet Financial Inc grew its holdings in 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 acquiring an additional 601 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO stock opened at $94.54 on Friday. The firm has a market cap of $5.26 billion, a P/E ratio of 26.90 and a beta of 0.94. Invesco S&P 500 Momentum ETF has a 1-year low of $74.40 and a 1-year high of $103.44. The firm has a fifty day moving average of $99.07 and a two-hundred day moving average of $95.07.

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.