Astoria Portfolio Advisors LLC. purchased a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,139 shares of the company’s stock, valued at approximately $842,000.
A number of other large investors have also bought and sold shares of SPMO. Dunhill Financial LLC bought a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $33,000. Elevated Capital Advisors LLC bought a new stake in Invesco S&P 500 Momentum ETF in the 4th quarter worth $33,000. Dogwood Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at about $44,000. MAI Capital Management purchased a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $50,000. Finally, Salomon & Ludwin LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 61.3% during the fourth quarter. Salomon & Ludwin LLC now owns 492 shares of the company’s stock valued at $59,000 after acquiring an additional 187 shares during the last quarter.
Invesco S&P 500 Momentum ETF Trading Up 2.8%
Invesco S&P 500 Momentum ETF stock opened at $159.90 on Friday. The firm has a 50-day moving average of $141.01 and a 200-day moving average of $126.43. The firm has a market cap of $19.50 billion, a P/E ratio of 29.51 and a beta of 1.11. Invesco S&P 500 Momentum ETF has a 1-year low of $106.57 and a 1-year high of $160.65.
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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