CFS Investment Advisory Services LLC Purchases 51,726 Shares of Invesco S&P 500 Momentum ETF $SPMO

CFS Investment Advisory Services LLC grew its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 66.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 129,902 shares of the company’s stock after purchasing an additional 51,726 shares during the quarter. Invesco S&P 500 Momentum ETF makes up about 1.1% of CFS Investment Advisory Services LLC’s portfolio, making the stock its 25th largest position. CFS Investment Advisory Services LLC owned 0.11% of Invesco S&P 500 Momentum ETF worth $15,500,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SPMO. Bank of America Corp DE lifted its holdings in Invesco S&P 500 Momentum ETF by 30.4% in the second quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock valued at $271,204,000 after buying an additional 562,290 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $65,042,000. Raymond James Financial Inc. raised its position in shares of Invesco S&P 500 Momentum ETF by 62.0% in the 3rd quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock worth $162,342,000 after acquiring an additional 513,037 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Invesco S&P 500 Momentum ETF by 254.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 545,673 shares of the company’s stock worth $65,356,000 after acquiring an additional 391,694 shares in the last quarter. Finally, CWM LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 14.1% in the 4th quarter. CWM LLC now owns 2,992,182 shares of the company’s stock valued at $357,027,000 after purchasing an additional 369,627 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $150.13 on Friday. Invesco S&P 500 Momentum ETF has a one year low of $103.99 and a one year high of $151.40. The stock’s 50-day moving average is $129.59 and its 200 day moving average is $122.83. The firm has a market cap of $18.30 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09.

About Invesco S&P 500 Momentum ETF

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.