Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Purchased by TBH Global Asset Management LLC

TBH Global Asset Management LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,514 shares of the company’s stock after acquiring an additional 261 shares during the quarter. TBH Global Asset Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,664,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPMO. PSI Advisors LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 61.8% in the fourth quarter. PSI Advisors LLC now owns 288 shares of the company’s stock valued at $27,000 after acquiring an additional 110 shares in the last quarter. Global Trust Asset Management LLC raised its stake in Invesco S&P 500 Momentum ETF by 95.5% in the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after purchasing an additional 210 shares during the last quarter. Continuum Advisory LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 44.2% in the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock valued at $67,000 after purchasing an additional 216 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $76,000. Finally, AdvisorNet Financial Inc grew its holdings in shares of Invesco S&P 500 Momentum ETF by 85.7% during the fourth quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock worth $124,000 after buying an additional 601 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO opened at $103.09 on Thursday. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 1 year low of $72.99 and a 1 year high of $103.44. The company’s 50 day simple moving average is $98.73 and its 200 day simple moving average is $93.96.

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.