Cetera Investment Advisers Has $114.30 Million Holdings in Invesco S&P 500 Momentum ETF $SPMO

Cetera Investment Advisers decreased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.4% in the 1st quarter, HoldingsChannel reports. The fund owned 1,019,537 shares of the company’s stock after selling 47,058 shares during the period. Cetera Investment Advisers’ holdings in Invesco S&P 500 Momentum ETF were worth $114,300,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SPMO. SG Americas Securities LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 8.0% in the 1st quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock worth $131,000 after purchasing an additional 87 shares in the last quarter. Blue Trust Inc. increased its stake in Invesco S&P 500 Momentum ETF by 35.8% during the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after purchasing an additional 93 shares in the last quarter. Santori & Peters Inc. increased its stake in Invesco S&P 500 Momentum ETF by 2.9% during the 4th quarter. Santori & Peters Inc. now owns 3,495 shares of the company’s stock valued at $417,000 after purchasing an additional 100 shares in the last quarter. Fourth Dimension Wealth LLC raised its holdings in Invesco S&P 500 Momentum ETF by 20.0% during the fourth quarter. Fourth Dimension Wealth LLC now owns 600 shares of the company’s stock worth $72,000 after buying an additional 100 shares during the last quarter. Finally, Peregrine Asset Advisers Inc. raised its holdings in Invesco S&P 500 Momentum ETF by 3.1% during the first quarter. Peregrine Asset Advisers Inc. now owns 3,282 shares of the company’s stock worth $368,000 after buying an additional 100 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.2%

Invesco S&P 500 Momentum ETF stock opened at $149.83 on Friday. The firm has a market capitalization of $21.72 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. The firm’s fifty day moving average price is $150.97 and its two-hundred day moving average price is $132.19. Invesco S&P 500 Momentum ETF has a 1-year low of $107.24 and a 1-year high of $162.30.

About Invesco S&P 500 Momentum ETF

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.