Manchester Financial Inc. Acquires 11,444 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Manchester Financial Inc. increased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 311.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,123 shares of the company’s stock after buying an additional 11,444 shares during the period. Manchester Financial Inc. owned about 0.09% of Invesco S&P 500 Momentum ETF worth $1,437,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. World Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 1,416.7% in the 3rd quarter. World Investment Advisors LLC now owns 300,875 shares of the company’s stock valued at $27,271,000 after acquiring an additional 281,038 shares during the period. Mainstay Capital Management LLC ADV bought a new stake in Invesco S&P 500 Momentum ETF during the third quarter valued at about $23,247,000. Austin Private Wealth LLC purchased a new position in Invesco S&P 500 Momentum ETF in the fourth quarter valued at about $14,567,000. Fischer Investment Strategies LLC bought a new position in Invesco S&P 500 Momentum ETF in the third quarter worth about $11,215,000. Finally, LPL Financial LLC raised its holdings in Invesco S&P 500 Momentum ETF by 10.0% in the third quarter. LPL Financial LLC now owns 1,242,778 shares of the company’s stock worth $112,645,000 after purchasing an additional 113,439 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $103.26 on Friday. The company’s 50-day simple moving average is $98.17 and its 200-day simple moving average is $93.29. Invesco S&P 500 Momentum ETF has a fifty-two week low of $72.99 and a fifty-two week high of $103.27. The stock has a market capitalization 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.