Catalina Capital Group LLC Makes New $323,000 Investment in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Catalina Capital Group LLC acquired a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,401 shares of the company’s stock, valued at approximately $323,000.

Several other hedge funds also recently added to or reduced their stakes in SPMO. PSI Advisors LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 61.8% in 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 last quarter. Global Trust Asset Management LLC increased its stake in Invesco S&P 500 Momentum ETF by 95.5% in the fourth 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 last quarter. Continuum Advisory LLC lifted its position in shares of 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 worth $67,000 after buying an additional 216 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $76,000. Finally, AdvisorNet Financial Inc boosted its stake in Invesco S&P 500 Momentum ETF by 85.7% in the fourth quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock valued at $124,000 after acquiring an additional 601 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 0.0 %

NYSEARCA:SPMO opened at $99.99 on Tuesday. Invesco S&P 500 Momentum ETF has a 52-week low of $72.21 and a 52-week high of $101.86. The stock’s 50 day moving average price is $97.33 and its 200 day moving average price is $92.45. The company has a market capitalization of $1.61 billion, a PE ratio of 20.66 and a beta of 1.00.

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.