Harbour Investments Inc. Has $2.67 Million Stock Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Harbour Investments Inc. raised its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4,652.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,558 shares of the company’s stock after acquiring an additional 29,915 shares during the period. Harbour Investments Inc. owned about 0.19% of Invesco S&P 500 Momentum ETF worth $2,673,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Harvest Investment Services LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 3.3% during the fourth quarter. Harvest Investment Services LLC now owns 4,774 shares of the company’s stock worth $313,000 after acquiring an additional 154 shares during the period. Financial Partners Group Inc lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 4.4% in the second quarter. Financial Partners Group Inc now owns 6,573 shares of the company’s stock valued at $575,000 after purchasing an additional 279 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF by 103.9% during the second quarter. Concourse Financial Group Securities Inc. now owns 569 shares of the company’s stock worth $50,000 after buying an additional 290 shares during the period. Private Advisor Group LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 7.7% during the fourth quarter. Private Advisor Group LLC now owns 4,616 shares of the company’s stock worth $302,000 after buying an additional 330 shares in the last quarter. Finally, Global Trust Asset Management LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 1st quarter valued at approximately $34,000.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA SPMO traded down $0.73 during trading on Wednesday, hitting $88.49. The stock had a trading volume of 172,838 shares, compared to its average volume of 532,186. Invesco S&P 500 Momentum ETF has a 12 month low of $55.32 and a 12 month high of $91.64. The company’s 50-day moving average price is $87.07 and its two-hundred day moving average price is $82.16. The company has a market capitalization of $1.43 billion, a PE ratio of 20.66 and a beta of 1.00.

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.