Verus Capital Partners LLC Sells 10,246 Shares of Invesco S&P 500 Momentum ETF $SPMO

Verus Capital Partners LLC trimmed its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 65.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,441 shares of the company’s stock after selling 10,246 shares during the period. Verus Capital Partners LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $825,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Rosenberg Matthew Hamilton purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at $33,000. Toth Financial Advisory Corp acquired a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $34,000. Monetary Solutions Ltd acquired a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $41,000. Caldwell Trust Co purchased a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth $42,000. Finally, Montgomery Financial Services LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 2nd quarter worth about $46,000.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO stock opened at $124.41 on Monday. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one year high of $162.30. The company has a 50 day moving average price of $145.48 and a 200 day moving average price of $138.08. The firm has a market capitalization of $19.55 billion, a price-to-earnings ratio of 29.51 and a beta of 1.12.

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.