Prota Financial LLC Boosts Stock Position in Invesco S&P 500 Momentum ETF $SPMO

Prota Financial LLC increased its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 19.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 24,646 shares of the company’s stock after acquiring an additional 3,947 shares during the period. Invesco S&P 500 Momentum ETF makes up about 2.4% of Prota Financial LLC’s investment portfolio, making the stock its 19th largest position. Prota Financial LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $3,765,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SPMO. SG Americas Securities LLC raised its position in Invesco S&P 500 Momentum ETF by 8.0% in the first quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock worth $131,000 after acquiring an additional 87 shares in the last quarter. Blue Trust Inc. lifted its holdings in Invesco S&P 500 Momentum ETF by 35.8% in the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after acquiring an additional 93 shares during the last quarter. Peregrine Asset Advisers Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF by 3.1% during the 1st quarter. Peregrine Asset Advisers Inc. now owns 3,282 shares of the company’s stock valued at $368,000 after purchasing an additional 100 shares in the last quarter. City Center Advisors LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 8.2% during the 3rd quarter. City Center Advisors LLC now owns 1,357 shares of the company’s stock valued at $206,000 after purchasing an additional 103 shares in the last quarter. Finally, Wellington Grp LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 43.6% in the 1st quarter. Wellington Grp LLC now owns 458 shares of the company’s stock worth $51,000 after purchasing an additional 139 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $150.84 on Friday. The company’s 50 day simple moving average is $149.48 and its 200 day simple moving average is $143.77. Invesco S&P 500 Momentum ETF has a 12 month low of $107.24 and a 12 month high of $162.30. The company has a market capitalization of $23.04 billion, a P/E ratio of 29.51 and a beta of 1.10.

Invesco S&P 500 Momentum ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

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