CFS Investment Advisory Services LLC Buys 51,726 Shares of Invesco S&P 500 Momentum ETF $SPMO

CFS Investment Advisory Services LLC boosted its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 66.2% in the fourth quarter, HoldingsChannel reports. The firm owned 129,902 shares of the company’s stock after buying an additional 51,726 shares during the period. Invesco S&P 500 Momentum ETF makes up about 1.1% of CFS Investment Advisory Services LLC’s portfolio, making the stock its 25th largest position. CFS Investment Advisory Services LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $15,500,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Thoroughbred Financial Services LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 157.7% in the 4th quarter. Thoroughbred Financial Services LLC now owns 148,367 shares of the company’s stock valued at $17,703,000 after buying an additional 90,790 shares during the period. Kingsview Wealth Management LLC raised its stake in Invesco S&P 500 Momentum ETF by 47.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 54,189 shares of the company’s stock worth $6,466,000 after buying an additional 17,412 shares during the period. Integrity Alliance LLC. raised its stake in Invesco S&P 500 Momentum ETF by 9.1% during the 4th quarter. Integrity Alliance LLC. now owns 128,312 shares of the company’s stock worth $15,310,000 after buying an additional 10,660 shares during the period. Integrity Advisory Solutions LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 112.9% in the fourth quarter. Integrity Advisory Solutions LLC now owns 7,086 shares of the company’s stock worth $846,000 after acquiring an additional 3,757 shares in the last quarter. Finally, Endowment Wealth Management Inc. boosted its holdings in Invesco S&P 500 Momentum ETF by 105.5% in the fourth quarter. Endowment Wealth Management Inc. now owns 58,878 shares of the company’s stock worth $7,025,000 after acquiring an additional 30,228 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $150.13 on Friday. The stock has a market capitalization of $18.30 billion, a PE ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 52 week low of $103.99 and a 52 week high of $151.40. The stock has a 50 day moving average price of $129.59 and a two-hundred day moving average price of $122.83.

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.