Chicago Partners Investment Group LLC Purchases 20,269 Shares of Invesco S&P 500 Momentum ETF $SPMO

Chicago Partners Investment Group LLC lifted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 26.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 96,409 shares of the company’s stock after acquiring an additional 20,269 shares during the period. Chicago Partners Investment Group LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $11,369,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. CWM LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 14.1% in the 4th quarter. CWM LLC now owns 2,992,182 shares of the company’s stock worth $357,027,000 after acquiring an additional 369,627 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 15.5% in the 3rd quarter. Bank of America Corp DE now owns 2,785,766 shares of the company’s stock worth $337,245,000 after acquiring an additional 374,417 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $317,167,000. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 62.0% in the 3rd quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock worth $162,342,000 after acquiring an additional 513,037 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P 500 Momentum ETF by 35.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,099,802 shares of the company’s stock worth $133,142,000 after buying an additional 287,098 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO opened at $129.23 on Friday. The firm has a market capitalization of $15.38 billion, a price-to-earnings ratio of 29.51 and a beta of 1.02. Invesco S&P 500 Momentum ETF has a 1-year low of $90.44 and a 1-year high of $130.44. The company has a 50-day moving average of $119.09 and a 200 day moving average of $119.48.

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.