Stonebrook Private Inc. Has $10.63 Million Stock Position in Invesco S&P 500 Momentum ETF $SPMO

Stonebrook Private Inc. lifted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 82.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,058 shares of the company’s stock after buying an additional 40,163 shares during the period. Invesco S&P 500 Momentum ETF comprises about 2.2% of Stonebrook Private Inc.’s portfolio, making the stock its 13th biggest holding. Stonebrook Private Inc. owned about 0.08% of Invesco S&P 500 Momentum ETF worth $10,626,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SPMO. Dunhill Financial LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth $33,000. Elevated Capital Advisors LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 4th quarter worth about $33,000. Dogwood Wealth Management LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 4th quarter worth about $44,000. MAI Capital Management acquired a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $50,000. Finally, Capital Investment Advisory Services LLC increased its holdings in Invesco S&P 500 Momentum ETF by 90.5% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 421 shares of the company’s stock worth $51,000 after purchasing an additional 200 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 0.3%

Shares of SPMO opened at $147.51 on Wednesday. Invesco S&P 500 Momentum ETF has a 12-month low of $105.74 and a 12-month high of $155.74. The business has a 50-day simple moving average of $135.44 and a two-hundred day simple moving average of $124.65. The stock has a market cap of $17.98 billion, a PE ratio of 29.51 and a beta of 1.11.

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.