MKT Advisors LLC Takes Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

MKT Advisors LLC purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,318 shares of the company’s stock, valued at approximately $229,000.

Several other large investors have also added to or reduced their stakes in the business. LPL Financial LLC lifted its position in Invesco S&P 500 Momentum ETF by 10.0% in the 3rd quarter. LPL Financial LLC now owns 1,242,778 shares of the company’s stock valued at $112,645,000 after acquiring an additional 113,439 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco S&P 500 Momentum ETF by 61.6% during the 2nd quarter. Cetera Investment Advisers now owns 377,409 shares of the company’s stock worth $33,008,000 after buying an additional 143,810 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF by 10.3% during the 3rd quarter. Principal Securities Inc. now owns 321,860 shares of the company’s stock worth $29,173,000 after buying an additional 30,133 shares in the last quarter. World Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 1,416.7% during the 3rd quarter. World Investment Advisors LLC now owns 300,875 shares of the company’s stock worth $27,271,000 after buying an additional 281,038 shares in the last quarter. Finally, Family Investment Center Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF by 1.5% during the 3rd quarter. Family Investment Center Inc. now owns 293,274 shares of the company’s stock worth $26,582,000 after buying an additional 4,245 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 0.1 %

Invesco S&P 500 Momentum ETF stock opened at $101.33 on Friday. The stock has a market cap of $1.63 billion, a P/E ratio of 20.66 and a beta of 1.00. The company’s 50 day moving average price is $96.87 and its two-hundred day moving average price is $92.09. Invesco S&P 500 Momentum ETF has a 52 week low of $69.08 and a 52 week high of $101.86.

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.