International Assets Investment Management LLC Sells 3,926 Shares of Invesco S&P 500 Momentum ETF $SPMO

International Assets Investment Management LLC lowered its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 37.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,562 shares of the company’s stock after selling 3,926 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $783,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Diversify Wealth Management LLC grew its position in Invesco S&P 500 Momentum ETF by 14.8% during the fourth quarter. Diversify Wealth Management LLC now owns 2,356 shares of the company’s stock valued at $283,000 after buying an additional 304 shares during the period. MGO One Seven LLC grew its position in Invesco S&P 500 Momentum ETF by 12.0% during the fourth quarter. MGO One Seven LLC now owns 17,822 shares of the company’s stock valued at $2,127,000 after buying an additional 1,903 shares during the period. Detalus Advisors LLC grew its position in Invesco S&P 500 Momentum ETF by 78.1% during the fourth quarter. Detalus Advisors LLC now owns 71,160 shares of the company’s stock valued at $8,491,000 after buying an additional 31,207 shares during the period. Indivisible Partners bought a new position in Invesco S&P 500 Momentum ETF during the fourth quarter valued at about $228,000. Finally, RFG Advisory LLC grew its position in Invesco S&P 500 Momentum ETF by 23.7% during the fourth quarter. RFG Advisory LLC now owns 156,241 shares of the company’s stock valued at $18,643,000 after buying an additional 29,887 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO opened at $143.81 on Friday. The firm has a market cap of $17.53 billion, a P/E ratio of 29.51 and a beta of 1.09. The firm has a 50-day moving average of $121.61 and a 200 day moving average of $120.25. Invesco S&P 500 Momentum ETF has a fifty-two week low of $97.86 and a fifty-two week high of $143.84.

Invesco S&P 500 Momentum ETF Company 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.