Simplicity Wealth LLC lowered its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 7.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,170 shares of the company’s stock after selling 180 shares during the period. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $206,000 as of its most recent filing with the SEC.
Several other institutional investors also recently modified their holdings of the stock. PSI Advisors LLC raised its stake in Invesco S&P 500 Momentum ETF by 61.8% during the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock valued at $27,000 after purchasing an additional 110 shares during the period. Global Trust Asset Management LLC raised its stake in Invesco S&P 500 Momentum ETF by 95.5% during the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after purchasing an additional 210 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Invesco S&P 500 Momentum ETF during the 4th quarter valued at $48,000. Continuum Advisory LLC raised its stake in Invesco S&P 500 Momentum ETF by 44.2% during the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock valued at $67,000 after purchasing an additional 216 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at $76,000.
Invesco S&P 500 Momentum ETF Trading Down 0.1 %
NYSEARCA SPMO opened at $91.98 on Wednesday. Invesco S&P 500 Momentum ETF has a 1-year low of $74.40 and a 1-year high of $103.44. The firm’s fifty day simple moving average is $98.94 and its 200-day simple moving average is $95.15. The company has a market capitalization of $5.12 billion, a PE ratio of 26.90 and a beta of 0.94.
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.
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