CAP Partners LLC Acquires New Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

CAP Partners LLC bought a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,802 shares of the company’s stock, valued at approximately $551,000.

A number of other hedge funds have also bought and sold shares of the stock. PSI Advisors LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 61.8% during the fourth quarter. PSI Advisors LLC now owns 288 shares of the company’s stock valued at $27,000 after buying an additional 110 shares during the last quarter. Global Trust Asset Management LLC lifted its position in Invesco S&P 500 Momentum ETF by 95.5% during the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after acquiring an additional 210 shares during the period. Continuum Advisory LLC grew its stake in Invesco S&P 500 Momentum ETF by 44.2% during 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 last quarter. Legacy Investment Solutions LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $76,000. Finally, AdvisorNet Financial Inc raised its stake in shares of Invesco S&P 500 Momentum ETF by 85.7% in the fourth quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock worth $124,000 after purchasing an additional 601 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 0.7 %

Shares of NYSEARCA SPMO opened at $102.79 on Tuesday. Invesco S&P 500 Momentum ETF has a 52 week low of $72.87 and a 52 week high of $103.09. The business’s 50 day moving average price is $97.86 and its 200 day moving average price is $92.97. The firm has a market cap of $1.66 billion, a P/E ratio of 20.66 and a beta of 1.00.

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.