Cozad Asset Management Inc. Buys Shares of 6,679 Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Cozad Asset Management Inc. purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 6,679 shares of the company’s stock, valued at approximately $635,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. PSI Advisors LLC raised its position in shares of 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 worth $27,000 after purchasing an additional 110 shares during the last quarter. Global Trust Asset Management LLC raised 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 worth $41,000 after acquiring an additional 210 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at $48,000. Continuum Advisory LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 44.2% during the third quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock valued at $67,000 after acquiring an additional 216 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $76,000.

Invesco S&P 500 Momentum ETF Trading Up 0.7 %

Shares of SPMO stock opened at $94.56 on Tuesday. Invesco S&P 500 Momentum ETF has a twelve month low of $74.40 and a twelve month high of $103.44. The company has a market capitalization of $5.26 billion, a price-to-earnings ratio of 24.89 and a beta of 0.93. The firm has a 50-day moving average price of $98.71 and a 200 day moving average price of $95.28.

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.