3,095 Shares in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Acquired by Strata Wealth Advisors LLC

Strata Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,095 shares of the company’s stock, valued at approximately $248,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Global Trust Asset Management LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $34,000. Private Trust Co. NA acquired a new stake in Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $77,000. Bell Investment Advisors Inc acquired a new stake in Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $151,000. Brookstone Capital Management acquired a new stake in Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $214,000. Finally, Foster Group Inc. acquired a new stake in Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $222,000.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO stock traded down $0.52 during mid-day trading on Friday, hitting $87.46. 836,374 shares of the company were exchanged, compared to its average volume of 320,036. The firm has a market cap of $1.41 billion, a P/E ratio of 20.66 and a beta of 1.00. The firm’s 50 day simple moving average is $82.10 and its 200 day simple moving average is $76.40. Invesco S&P 500 Momentum ETF has a 1-year low of $54.94 and a 1-year high of $89.23.

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.