Sierra Ocean LLC Acquires 5,230 Shares of Invesco S&P 500 Momentum ETF $SPMO

Sierra Ocean LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 130,761 shares of the company’s stock after acquiring an additional 5,230 shares during the quarter. Invesco S&P 500 Momentum ETF makes up approximately 12.0% of Sierra Ocean LLC’s holdings, making the stock its 2nd biggest holding. Sierra Ocean LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $14,660,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets grew its holdings in shares of Invesco S&P 500 Momentum ETF by 1,586.1% during the fourth quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock valued at $169,906,000 after purchasing an additional 1,339,497 shares during the last quarter. Bank of America Corp DE raised its position in shares of Invesco S&P 500 Momentum ETF by 30.4% during the 2nd quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock worth $271,204,000 after purchasing an additional 562,290 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 75.9% in the 4th quarter. JPMorgan Chase & Co. now owns 1,231,078 shares of the company’s stock worth $146,892,000 after purchasing an additional 531,093 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 62.0% in the 3rd quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock worth $162,342,000 after purchasing an additional 513,037 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 254.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 545,673 shares of the company’s stock worth $65,356,000 after purchasing an additional 391,694 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA:SPMO opened at $150.83 on Friday. Invesco S&P 500 Momentum ETF has a 12-month low of $107.24 and a 12-month high of $162.30. The firm has a market capitalization of $21.10 billion, a P/E ratio of 29.51 and a beta of 1.09. The business has a 50 day simple moving average of $147.74 and a 200 day simple moving average of $129.17.

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.