25,824 Shares in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Bought by Focus Financial Network Inc.

Focus Financial Network Inc. purchased a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 25,824 shares of the company’s stock, valued at approximately $2,454,000. Focus Financial Network Inc. owned 0.16% of Invesco S&P 500 Momentum ETF at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. PSI Advisors LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 61.8% in the fourth 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 holdings in Invesco S&P 500 Momentum ETF by 95.5% in the fourth quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after acquiring an additional 210 shares during the period. Continuum Advisory LLC lifted its holdings in 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 acquiring an additional 216 shares during the period. Legacy Investment Solutions LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at $76,000. Finally, AdvisorNet Financial Inc lifted its holdings in 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 valued at $124,000 after acquiring an additional 601 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $102.89 on Wednesday. Invesco S&P 500 Momentum ETF has a one year low of $72.87 and a one year high of $103.09. The business has a fifty day moving average of $97.98 and a two-hundred day moving average of $93.10. The company 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 Company 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.