Guardian Capital LLC Acquires New Position in Invesco S&P 500 Momentum ETF $SPMO

Guardian Capital LLC acquired a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMOFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,225 shares of the company’s stock, valued at approximately $1,101,000.

A number of other hedge funds have also recently modified their holdings of SPMO. Cullen Frost Bankers Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $27,000. Dunhill Financial LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $33,000. Elevated Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at about $33,000. Dogwood Wealth Management LLC acquired a new position in Invesco S&P 500 Momentum ETF in the fourth quarter valued at about $44,000. Finally, MAI Capital Management acquired a new position in Invesco S&P 500 Momentum ETF in the third quarter valued at about $50,000.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $143.48 on Friday. The firm’s 50-day moving average is $124.66 and its two-hundred day moving average is $121.29. Invesco S&P 500 Momentum ETF has a 12 month low of $101.80 and a 12 month high of $147.87. The stock has a market capitalization of $17.49 billion, a P/E ratio of 29.51 and a beta of 1.09.

Invesco S&P 500 Momentum ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Receive News & Ratings for Invesco S&P 500 Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.