Cooper Financial Group lifted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 174.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,563 shares of the company’s stock after buying an additional 4,169 shares during the period. Cooper Financial Group’s holdings in Invesco S&P 500 Momentum ETF were worth $624,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of SPMO. World Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 1,416.7% during the third quarter. World Investment Advisors LLC now owns 300,875 shares of the company’s stock valued at $27,271,000 after purchasing an additional 281,038 shares during the last quarter. Mainstay Capital Management LLC ADV acquired a new stake in Invesco S&P 500 Momentum ETF in the third quarter worth $23,247,000. HBW Advisory Services LLC bought a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at $13,325,000. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 61.6% during the second quarter. Cetera Investment Advisers now owns 377,409 shares of the company’s stock valued at $33,008,000 after acquiring an additional 143,810 shares during the period. Finally, Fischer Investment Strategies LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter worth about $11,215,000.
Invesco S&P 500 Momentum ETF Stock Down 0.2 %
Shares of NYSEARCA:SPMO opened at $95.43 on Tuesday. The company’s 50-day moving average price is $96.25 and its 200 day moving average price is $91.49. The company has a market cap of $1.54 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a fifty-two week low of $66.01 and a fifty-two week high of $98.76.
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.
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