D.A. Davidson & CO. Purchases 134 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

D.A. Davidson & CO. increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,586 shares of the company’s stock after acquiring an additional 134 shares during the quarter. D.A. Davidson & CO. owned 0.06% of Invesco S&P 500 Momentum ETF worth $911,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SPMO. PSI Advisors LLC increased its stake in Invesco S&P 500 Momentum ETF by 61.8% during the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock valued at $27,000 after purchasing an additional 110 shares in the last quarter. Global Trust Asset Management LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 95.5% in the fourth quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after acquiring an additional 210 shares in the last quarter. Continuum Advisory LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 44.2% during the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after purchasing an additional 216 shares during the period. Legacy Investment Solutions LLC purchased a new position in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $76,000. Finally, AdvisorNet Financial Inc boosted its position in Invesco S&P 500 Momentum ETF by 85.7% during the fourth quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock worth $124,000 after purchasing an additional 601 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA SPMO opened at $99.91 on Monday. Invesco S&P 500 Momentum ETF has a fifty-two week low of $74.40 and a fifty-two week high of $103.44. The stock has a market cap of $5.56 billion, a PE ratio of 26.90 and a beta of 0.94. The stock has a fifty day moving average of $98.87 and a 200-day moving average of $94.35.

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.