Good Life Advisors LLC Has $288,000 Stock Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Good Life Advisors LLC reduced its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 42.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,030 shares of the company’s stock after selling 2,224 shares during the quarter. Good Life Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $288,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. PSI Advisors LLC increased its holdings in 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 in the last quarter. Global Trust Asset Management LLC increased its holdings in Invesco S&P 500 Momentum ETF by 95.5% during the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after purchasing an additional 210 shares in the last quarter. Continuum Advisory LLC increased its holdings in Invesco S&P 500 Momentum ETF by 44.2% during the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after purchasing an additional 216 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $76,000. Finally, AdvisorNet Financial Inc increased its holdings in Invesco S&P 500 Momentum ETF by 85.7% during the 4th quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock worth $124,000 after purchasing an additional 601 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 2.0 %

SPMO stock opened at $99.91 on Friday. The firm has a market cap of $1.61 billion, a PE ratio of 20.66 and a beta of 1.00. The business has a 50 day moving average of $98.83 and a 200-day moving average of $94.01. Invesco S&P 500 Momentum ETF has a 12-month low of $74.40 and a 12-month high of $103.44.

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.