Cibc World Market Inc. Sells 132,918 Shares of Invesco S&P 500 Momentum ETF $SPMO

Cibc World Market Inc. lowered its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 81.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,636 shares of the company’s stock after selling 132,918 shares during the period. Cibc World Market Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $3,536,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Dunhill Financial LLC purchased a new position in Invesco S&P 500 Momentum ETF during the third quarter valued at $33,000. Elevated Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 4th quarter valued at $33,000. Dogwood Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 4th quarter valued at $44,000. MAI Capital Management bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at $50,000. Finally, Capital Investment Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 90.5% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 421 shares of the company’s stock valued at $51,000 after buying an additional 200 shares in the last quarter.

Invesco S&P 500 Momentum ETF Trading Up 2.5%

Shares of SPMO stock opened at $147.88 on Tuesday. Invesco S&P 500 Momentum ETF has a 12 month low of $105.74 and a 12 month high of $155.74. The stock has a market cap of $18.03 billion, a PE ratio of 29.51 and a beta of 1.11. The company’s fifty day moving average price is $134.70 and its 200-day moving average price is $124.44.

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.