Kestra Investment Management LLC Makes New Investment in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Kestra Investment Management LLC bought a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,159 shares of the company’s stock, valued at approximately $205,000.

Other large investors also recently modified their holdings of the company. PSI Advisors LLC boosted its stake in 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 worth $27,000 after purchasing an additional 110 shares during the period. D.A. Davidson & CO. boosted its position in shares of Invesco S&P 500 Momentum ETF by 1.4% during the fourth quarter. D.A. Davidson & CO. now owns 9,586 shares of the company’s stock worth $911,000 after buying an additional 134 shares during the period. Weaver Consulting Group boosted its position in shares of Invesco S&P 500 Momentum ETF by 1.9% during the fourth quarter. Weaver Consulting Group now owns 11,145 shares of the company’s stock worth $1,059,000 after buying an additional 204 shares during the period. Global Trust Asset Management LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 95.5% during the fourth quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after buying an additional 210 shares in the last quarter. Finally, Continuum Advisory LLC raised its position in Invesco S&P 500 Momentum ETF by 44.2% in the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock valued at $67,000 after buying an additional 216 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 1.1 %

NYSEARCA:SPMO opened at $101.91 on Friday. The company has a market cap of $1.64 billion, a P/E ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a twelve month low of $72.99 and a twelve month high of $103.44. The business has a 50 day moving average price of $98.83 and a two-hundred day moving average price of $94.01.

Invesco S&P 500 Momentum ETF 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.