Steward Partners Investment Advisory LLC Has $2.55 Million Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Steward Partners Investment Advisory LLC grew its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8,094.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,878 shares of the company’s stock after buying an additional 26,550 shares during the period. Steward Partners Investment Advisory LLC owned approximately 0.17% of Invesco S&P 500 Momentum ETF worth $2,554,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. PSI Advisors LLC grew its stake in Invesco S&P 500 Momentum ETF by 61.8% in the fourth quarter. PSI Advisors LLC now owns 288 shares of the company’s stock valued at $27,000 after acquiring an additional 110 shares during the period. Global Trust Asset Management LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 95.5% in 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. Continuum Advisory LLC grew its position in shares of 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 purchasing an additional 216 shares during the period. Legacy Investment Solutions LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $76,000. Finally, AdvisorNet Financial Inc grew its position in shares of Invesco S&P 500 Momentum ETF by 85.7% in the 4th quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock valued at $124,000 after purchasing an additional 601 shares during the period.

Invesco S&P 500 Momentum ETF Stock Down 0.2 %

Invesco S&P 500 Momentum ETF stock opened at $94.54 on Friday. The stock has a market capitalization of $5.26 billion, a PE ratio of 26.90 and a beta of 0.94. Invesco S&P 500 Momentum ETF has a twelve month low of $74.40 and a twelve month high of $103.44. The company has a 50 day moving average of $99.07 and a 200-day moving average of $95.03.

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.