Claris Financial LLC Buys Shares of 10,378 Invesco S&P 500 Momentum ETF $SPMO

Claris Financial LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 10,378 shares of the company’s stock, valued at approximately $1,238,000.

Other institutional investors have also modified their holdings of the company. Dynamic Advisor Solutions LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 116.7% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 106,101 shares of the company’s stock valued at $12,660,000 after purchasing an additional 57,149 shares during the period. IFP Advisors Inc lifted its holdings in Invesco S&P 500 Momentum ETF by 98.0% in the 3rd quarter. IFP Advisors Inc now owns 10,833 shares of the company’s stock worth $1,311,000 after buying an additional 5,361 shares in the last quarter. CIBC Private Wealth Group LLC boosted its position in Invesco S&P 500 Momentum ETF by 7,363.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 15,972 shares of the company’s stock valued at $1,934,000 after buying an additional 15,758 shares during the last quarter. Ascent Group LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 68.4% during the fourth quarter. Ascent Group LLC now owns 252,643 shares of the company’s stock valued at $30,145,000 after acquiring an additional 102,587 shares in the last quarter. Finally, Brookwood Investment Group LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 27.5% during the fourth quarter. Brookwood Investment Group LLC now owns 88,676 shares of the company’s stock worth $10,581,000 after acquiring an additional 19,103 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 2.8%

Shares of SPMO opened at $159.90 on Friday. The firm has a market cap of $19.50 billion, a price-to-earnings ratio of 29.51 and a beta of 1.11. The business’s 50 day moving average is $141.01 and its two-hundred day moving average is $126.43. Invesco S&P 500 Momentum ETF has a 52-week low of $106.57 and a 52-week 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.