Petra Financial Advisors Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,936 shares of the company’s stock, valued at approximately $564,000.
Several other institutional investors and hedge funds also recently made changes to their positions in SPMO. PSI Advisors LLC grew its holdings in shares of 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 during the last quarter. Global Trust Asset Management LLC grew its holdings in shares of 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 during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Invesco S&P 500 Momentum ETF during the 4th quarter valued at $48,000. Continuum Advisory LLC grew 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 purchasing an additional 216 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at $76,000.
Invesco S&P 500 Momentum ETF Stock Performance
SPMO stock opened at $94.56 on Tuesday. The firm has a market cap of $5.26 billion, a P/E ratio of 24.89 and a beta of 0.93. Invesco S&P 500 Momentum ETF has a 52 week low of $74.40 and a 52 week high of $103.44. The firm’s fifty day moving average is $98.71 and its 200 day moving average is $95.28.
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.
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