Invst LLC Has $36.61 Million Holdings in Invesco S&P 500 Momentum ETF $SPMO

Invst LLC grew its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 306,818 shares of the company’s stock after acquiring an additional 25,006 shares during the period. Invesco S&P 500 Momentum ETF accounts for approximately 4.0% of Invst LLC’s holdings, making the stock its 2nd largest position. Invst LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $36,610,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SPMO. BNP Paribas Financial Markets grew its position in Invesco S&P 500 Momentum ETF by 1,586.1% in the fourth quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock worth $169,906,000 after acquiring an additional 1,339,497 shares in the last quarter. Bank of America Corp DE grew its position in Invesco S&P 500 Momentum ETF by 30.4% in the second quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock worth $271,204,000 after acquiring an additional 562,290 shares in the last quarter. Raymond James Financial Inc. grew its position in Invesco S&P 500 Momentum ETF by 62.0% in the third quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock worth $162,342,000 after acquiring an additional 513,037 shares in the last quarter. Thrivent Financial for Lutherans grew its position in Invesco S&P 500 Momentum ETF by 254.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 545,673 shares of the company’s stock worth $65,356,000 after acquiring an additional 391,694 shares in the last quarter. Finally, CWM LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 14.1% in the fourth quarter. CWM LLC now owns 2,992,182 shares of the company’s stock worth $357,027,000 after buying an additional 369,627 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 5.6%

NYSEARCA SPMO opened at $144.28 on Friday. The company has a fifty day simple moving average of $133.97 and a 200 day simple moving average of $124.16. The company has a market cap of $17.59 billion, a P/E ratio of 29.51 and a beta of 1.11. Invesco S&P 500 Momentum ETF has a 1 year low of $105.74 and a 1 year high of $155.74.

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.