Raymond James Financial Services Advisors Inc. Buys 1,484 Shares of Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM)

Raymond James Financial Services Advisors Inc. grew its stake in shares of Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) by 12.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,708 shares of the company’s stock after acquiring an additional 1,484 shares during the period. Raymond James Financial Services Advisors Inc. owned about 1.67% of Invesco S&P 500 Value with Momentum ETF worth $695,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Commonwealth Equity Services LLC bought a new position in shares of Invesco S&P 500 Value with Momentum ETF during the 3rd quarter valued at approximately $309,000. Advisor Group Holdings Inc. boosted its holdings in Invesco S&P 500 Value with Momentum ETF by 18.3% in the 4th quarter. Advisor Group Holdings Inc. now owns 7,532 shares of the company’s stock worth $372,000 after buying an additional 1,165 shares during the period. Susquehanna International Group LLP boosted its holdings in Invesco S&P 500 Value with Momentum ETF by 245.8% in the 4th quarter. Susquehanna International Group LLP now owns 34,798 shares of the company’s stock worth $1,717,000 after buying an additional 24,736 shares during the period. Morgan Stanley boosted its holdings in Invesco S&P 500 Value with Momentum ETF by 0.7% in the 4th quarter. Morgan Stanley now owns 71,459 shares of the company’s stock worth $3,526,000 after buying an additional 502 shares during the period. Finally, Cooper Financial Group boosted its holdings in Invesco S&P 500 Value with Momentum ETF by 4.3% in the 4th quarter. Cooper Financial Group now owns 72,505 shares of the company’s stock worth $3,678,000 after buying an additional 2,976 shares during the period.

Invesco S&P 500 Value with Momentum ETF Trading Down 0.2 %

SPVM opened at $53.31 on Thursday. The company has a 50 day moving average of $53.69 and a 200 day moving average of $50.60. The company has a market cap of $36.78 million, a PE ratio of 11.30 and a beta of 0.72. Invesco S&P 500 Value with Momentum ETF has a 12 month low of $44.50 and a 12 month high of $56.51.

Invesco S&P 500 Value with Momentum ETF Profile

The Invesco S&P 500 Value with Momentum ETF (SPVM) is an exchange-traded fund that is based on the S&P 500 High Momentum Value index. The fund tracks an index of S&P 500 stocks selected by value and momentum and weighted by value. SPVM was launched on Jun 16, 2011 and is managed by Invesco.