Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC raised its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 130.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,814 shares of the company’s stock after purchasing an additional 11,217 shares during the period. Global Retirement Partners LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,883,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Invesco S&P 500 Momentum ETF during the fourth quarter worth approximately $2,898,000. Kestra Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter worth $205,000. Fortis Group Advisors LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 93.7% in the fourth quarter. Fortis Group Advisors LLC now owns 288,988 shares of the company’s stock worth $27,457,000 after acquiring an additional 139,785 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of Invesco S&P 500 Momentum ETF by 1.4% in the fourth quarter. D.A. Davidson & CO. now owns 9,586 shares of the company’s stock worth $911,000 after acquiring an additional 134 shares in the last quarter. Finally, Truist Financial Corp increased its position in shares of Invesco S&P 500 Momentum ETF by 22.6% in the fourth quarter. Truist Financial Corp now owns 12,884 shares of the company’s stock worth $1,224,000 after acquiring an additional 2,379 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 1.1 %

Invesco S&P 500 Momentum ETF stock opened at $101.91 on Friday. Invesco S&P 500 Momentum ETF has a 52-week low of $72.99 and a 52-week high of $103.44. The firm has a fifty day moving average of $98.83 and a 200-day moving average of $94.01. The firm has a market capitalization of $1.64 billion, a P/E ratio of 20.66 and a beta of 1.00.

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.