RHS Financial LLC Purchases New Holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

RHS Financial LLC acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,158 shares of the company’s stock, valued at approximately $300,000.

Several other large investors have also modified their holdings of SPMO. PSI Advisors LLC lifted its stake 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 worth $27,000 after acquiring an additional 110 shares during the last quarter. Global Trust Asset Management LLC increased its stake 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 worth $41,000 after purchasing an additional 210 shares during the period. Continuum Advisory LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 44.2% during the third quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after purchasing an additional 216 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $76,000. Finally, AdvisorNet Financial Inc grew its holdings 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 Price Performance

Shares of SPMO opened at $100.04 on Friday. The firm has a market capitalization of $1.61 billion, a price-to-earnings 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. The company has a 50-day moving average of $97.24 and a 200 day moving average of $92.33.

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.