Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Sold by Insight Advisors LLC PA

Insight Advisors LLC PA cut its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 23.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,005 shares of the company’s stock after selling 1,495 shares during the period. Insight Advisors LLC PA’s holdings in Invesco S&P 500 Momentum ETF were worth $463,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of Invesco S&P 500 Momentum ETF by 363.9% in the 4th quarter. Bank of America Corp DE now owns 1,446,799 shares of the company’s stock valued at $137,460,000 after acquiring an additional 1,134,915 shares in the last quarter. Mainstay Capital Management LLC ADV lifted its position in shares of Invesco S&P 500 Momentum ETF by 374.5% in the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,216,892 shares of the company’s stock valued at $115,617,000 after acquiring an additional 960,418 shares in the last quarter. LPL Financial LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 75.3% in the 4th quarter. LPL Financial LLC now owns 2,178,729 shares of the company’s stock valued at $207,001,000 after acquiring an additional 935,951 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Momentum ETF by 391,013.3% in the 4th quarter. JPMorgan Chase & Co. now owns 617,959 shares of the company’s stock valued at $58,712,000 after acquiring an additional 617,801 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Invesco S&P 500 Momentum ETF by 75,657.3% in the 4th quarter. Wells Fargo & Company MN now owns 312,120 shares of the company’s stock valued at $29,655,000 after acquiring an additional 311,708 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $105.76 on Friday. The firm has a market cap of $7.95 billion, a PE ratio of 27.23 and a beta of 0.97. The firm’s 50 day moving average price is $96.42 and its two-hundred day moving average price is $97.10. Invesco S&P 500 Momentum ETF has a twelve month low of $76.75 and a twelve month high of $107.54.

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.