Guardian Capital LLC Buys Shares of 9,225 Invesco S&P 500 Momentum ETF $SPMO

Guardian Capital LLC bought a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 9,225 shares of the company’s stock, valued at approximately $1,101,000.

Other large investors also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 116.7% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 106,101 shares of the company’s stock worth $12,660,000 after purchasing an additional 57,149 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Invesco S&P 500 Momentum ETF by 98.0% during the third quarter. IFP Advisors Inc now owns 10,833 shares of the company’s stock worth $1,311,000 after purchasing an additional 5,361 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 7,363.6% during the third quarter. CIBC Private Wealth Group LLC now owns 15,972 shares of the company’s stock worth $1,934,000 after purchasing an additional 15,758 shares in the last quarter. Ascent Group LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 68.4% during the fourth quarter. Ascent Group LLC now owns 252,643 shares of the company’s stock worth $30,145,000 after purchasing an additional 102,587 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its position in shares of Invesco S&P 500 Momentum ETF by 36.5% during the third quarter. Arkadios Wealth Advisors now owns 21,407 shares of the company’s stock worth $2,592,000 after purchasing an additional 5,725 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO opened at $143.48 on Friday. The stock has a market capitalization of $17.49 billion, a PE ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 1 year low of $101.80 and a 1 year high of $147.87. The company’s 50-day simple moving average is $124.66 and its 200-day simple moving average is $121.29.

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.