10,378 Shares in Invesco S&P 500 Momentum ETF $SPMO Acquired by Claris Financial LLC

Claris Financial LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, Holdings Channel.com reports. The fund acquired 10,378 shares of the company’s stock, valued at approximately $1,238,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPMO. ATX Financial Planning LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 4th quarter worth approximately $1,656,000. Axxcess Wealth Management LLC increased its position in Invesco S&P 500 Momentum ETF by 10.4% in the 4th quarter. Axxcess Wealth Management LLC now owns 166,557 shares of the company’s stock worth $19,874,000 after purchasing an additional 15,724 shares during the last quarter. Corient Private Wealth LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 4th quarter valued at approximately $339,000. High Falls Advisors Inc bought a new stake in Invesco S&P 500 Momentum ETF in the fourth quarter worth approximately $295,000. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Invesco S&P 500 Momentum ETF by 489.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 136,420 shares of the company’s stock worth $16,278,000 after purchasing an additional 113,270 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA:SPMO opened at $159.90 on Friday. The stock has a market capitalization of $19.50 billion, a P/E ratio of 29.51 and a beta of 1.11. The business has a 50-day moving average of $141.01 and a two-hundred day moving average of $126.43. Invesco S&P 500 Momentum ETF has a fifty-two week low of $106.57 and a fifty-two week high of $160.65.

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.