6,933 Shares in Invesco S&P 500 Momentum ETF $SPMO Purchased by Cassilly Financial Group LLC

Cassilly Financial Group LLC purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 6,933 shares of the company’s stock, valued at approximately $827,000.

Several other large investors have also recently bought and sold shares of SPMO. Schroder Investment Management Group acquired a new stake in Invesco S&P 500 Momentum ETF during the second quarter worth approximately $26,000. Cullen Frost Bankers Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $27,000. Blue Trust Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $31,000. Dunhill Financial LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 117.9% during the third quarter. Salomon & Ludwin LLC now owns 305 shares of the company’s stock worth $37,000 after purchasing an additional 165 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 2.2%

NYSEARCA:SPMO opened at $107.84 on Tuesday. The stock has a 50 day simple moving average of $117.91 and a 200 day simple moving average of $119.29. The stock has a market cap of $12.24 billion, a P/E ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 1-year low of $78.25 and a 1-year high of $124.56.

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.