JTC Employer Solutions Trustee Ltd Acquires 41,300 Shares of Invesco S&P 500 Momentum ETF $SPMO

JTC Employer Solutions Trustee Ltd boosted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 48.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 126,800 shares of the company’s stock after buying an additional 41,300 shares during the period. Invesco S&P 500 Momentum ETF accounts for approximately 1.0% of JTC Employer Solutions Trustee Ltd’s holdings, making the stock its 11th largest position. JTC Employer Solutions Trustee Ltd’s holdings in Invesco S&P 500 Momentum ETF were worth $14,875,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at approximately $27,000. Dunhill Financial LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $33,000. Elevated Capital Advisors LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 4th quarter valued at $33,000. Dogwood Wealth Management LLC bought a new position in Invesco S&P 500 Momentum ETF during the 4th quarter valued at $44,000. Finally, MAI Capital Management bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth $50,000.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO opened at $150.13 on Friday. The business has a 50-day moving average of $129.59 and a 200 day moving average of $122.83. Invesco S&P 500 Momentum ETF has a fifty-two week low of $103.99 and a fifty-two week high of $151.40. The firm has a market cap of $18.30 billion, a P/E ratio of 29.51 and a beta of 1.09.

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.