Comprehensive Financial Planning Inc. PA Buys Shares of 3,252 Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Comprehensive Financial Planning Inc. PA purchased a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,252 shares of the company’s stock, valued at approximately $309,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPMO. PSI Advisors LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 61.8% in the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock valued at $27,000 after buying an additional 110 shares during the period. Global Trust Asset Management LLC increased its stake in Invesco S&P 500 Momentum ETF by 95.5% in the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after buying an additional 210 shares during the last quarter. Continuum Advisory LLC raised its holdings in Invesco S&P 500 Momentum ETF by 44.2% during the third quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after acquiring an additional 216 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $76,000. Finally, AdvisorNet Financial Inc lifted its stake in Invesco S&P 500 Momentum ETF by 85.7% in the fourth quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock valued at $124,000 after acquiring an additional 601 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA:SPMO opened at $102.03 on Monday. Invesco S&P 500 Momentum ETF has a 52-week low of $72.87 and a 52-week high of $103.09. The company has a market capitalization of $1.64 billion, a P/E ratio of 20.66 and a beta of 1.00. The company has a 50-day simple moving average of $97.86 and a 200 day simple moving average of $92.91.

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.