Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lowered its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,013 shares of the company’s stock after selling 417 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $571,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. LPL Financial LLC grew its holdings in shares of 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 worth $112,645,000 after acquiring an additional 113,439 shares during the period. Money Concepts Capital Corp grew its holdings in shares of Invesco S&P 500 Momentum ETF by 9.1% in the 4th quarter. Money Concepts Capital Corp now owns 611,529 shares of the company’s stock worth $58,101,000 after acquiring an additional 50,980 shares during the period. Trilogy Capital Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF by 1.6% in the 4th quarter. Trilogy Capital Inc. now owns 421,901 shares of the company’s stock worth $40,085,000 after acquiring an additional 6,523 shares during the period. Principal Securities Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF by 10.3% in the 3rd quarter. Principal Securities Inc. now owns 321,860 shares of the company’s stock worth $29,173,000 after acquiring an additional 30,133 shares during the period. Finally, Family Investment Center Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF by 6.1% in the 4th quarter. Family Investment Center Inc. now owns 311,213 shares of the company’s stock worth $29,568,000 after acquiring an additional 17,939 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

SPMO opened at $103.09 on Thursday. The stock has a market cap of $1.66 billion, a P/E ratio of 20.66 and a beta of 1.00. The stock’s 50 day simple moving average is $98.73 and its 200 day simple moving average is $93.96. Invesco S&P 500 Momentum ETF has a 1-year low of $72.99 and a 1-year high of $103.44.

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.