Cyr Financial Inc. Invests $977,000 in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Cyr Financial Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,288 shares of the company’s stock, valued at approximately $977,000. Invesco S&P 500 Momentum ETF makes up 0.9% of Cyr Financial Inc.’s portfolio, making the stock its 16th biggest position.

Other large investors also recently bought and sold shares of the company. PSI Advisors LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 61.8% during the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock valued at $27,000 after acquiring an additional 110 shares during the period. Global Trust Asset Management LLC lifted its position in shares of 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 valued at $41,000 after buying an additional 210 shares in the last quarter. Continuum Advisory LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 44.2% in the third 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 period. Legacy Investment Solutions LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $76,000. Finally, AdvisorNet Financial Inc increased its stake in Invesco S&P 500 Momentum ETF by 85.7% during the 4th quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock worth $124,000 after buying an additional 601 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $100.68 on Friday. The stock’s 50 day simple moving average is $97.14 and its 200-day simple moving average is $92.27. The company has a market cap of $1.62 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 1-year low of $69.19 and a 1-year high of $101.86.

About Invesco S&P 500 Momentum ETF

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.