Cambridge Investment Research Advisors Inc. Acquires 49,905 Shares of Invesco S&P 500 Momentum ETF $SPMO

Cambridge Investment Research Advisors Inc. raised its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 5.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 888,674 shares of the company’s stock after purchasing an additional 49,905 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $106,037,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SPMO. Capstone Wealth Management Group LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 129.4% during the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after purchasing an additional 65,515 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the first quarter valued at approximately $18,900,000. Jane Street Group LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 346.5% during the first quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after purchasing an additional 31,344 shares in the last quarter. Invesco Ltd. increased its stake in shares of Invesco S&P 500 Momentum ETF by 43.9% during the second quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock valued at $8,559,000 after purchasing an additional 23,223 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 11.7% during the second quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock valued at $5,595,000 after purchasing an additional 5,209 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 2.7%

Shares of NYSEARCA SPMO opened at $143.48 on Friday. The firm has a market cap of $17.49 billion, a P/E ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a twelve month low of $101.80 and a twelve month high of $147.87. The company has a 50 day moving average of $124.66 and a 200 day moving average of $121.29.

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.