Invesco S&P 500 Momentum ETF $SPMO Position Increased by Compass Financial Services Inc

Compass Financial Services Inc boosted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 88,356 shares of the company’s stock after acquiring an additional 3,508 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for about 4.3% of Compass Financial Services Inc’s holdings, making the stock its 8th biggest holding. Compass Financial Services Inc owned 0.07% of Invesco S&P 500 Momentum ETF worth $9,906,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 8.0% in the 1st quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock valued at $131,000 after purchasing an additional 87 shares in the last quarter. Lantern Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 3.5% during the third quarter. Lantern Wealth Advisors LLC now owns 2,634 shares of the company’s stock worth $319,000 after purchasing an additional 88 shares in the last quarter. Blue Trust Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 35.8% in the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after buying an additional 93 shares during the last quarter. Santori & Peters Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 2.9% in the fourth quarter. Santori & Peters Inc. now owns 3,495 shares of the company’s stock valued at $417,000 after buying an additional 100 shares during the last quarter. Finally, Fourth Dimension Wealth LLC raised its stake in Invesco S&P 500 Momentum ETF by 20.0% in the fourth quarter. Fourth Dimension Wealth LLC now owns 600 shares of the company’s stock valued at $72,000 after buying an additional 100 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA:SPMO traded up $0.67 on Friday, hitting $153.75. 1,625,099 shares of the company’s stock were exchanged, compared to its average volume of 1,929,442. Invesco S&P 500 Momentum ETF has a 1-year low of $107.24 and a 1-year high of $162.30. The company has a market capitalization of $21.80 billion, a PE ratio of 29.51 and a beta of 1.09. The firm’s 50-day moving average is $149.87 and its 200 day moving average is $130.35.

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.