Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Bought by Global Trust Asset Management LLC

Global Trust Asset Management LLC lifted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 95.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 430 shares of the company’s stock after buying an additional 210 shares during the quarter. Global Trust Asset Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $41,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Smart Money Group LLC increased its holdings in Invesco S&P 500 Momentum ETF by 4.4% during the 4th quarter. Smart Money Group LLC now owns 255,603 shares of the company’s stock valued at $24,285,000 after acquiring an additional 10,819 shares in the last quarter. My Legacy Advisors LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $863,000. Ameritas Advisory Services LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $279,000. Arkadios Wealth Advisors raised its position in shares of Invesco S&P 500 Momentum ETF by 7.4% during the 4th quarter. Arkadios Wealth Advisors now owns 11,141 shares of the company’s stock worth $1,059,000 after purchasing an additional 766 shares during the last quarter. Finally, Merit Financial Group LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the 4th quarter valued at approximately $589,000.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $100.74 on Thursday. Invesco S&P 500 Momentum ETF has a fifty-two week low of $68.13 and a fifty-two week high of $101.03. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. The stock has a fifty day moving average of $96.52 and a two-hundred day moving average of $91.88.

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.