Townsquare Capital LLC Makes New Investment in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Townsquare Capital LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,582 shares of the company’s stock, valued at approximately $245,000.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $326,000. B. Riley Wealth Advisors Inc. raised its position in shares of Invesco S&P 500 Momentum ETF by 14.2% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 70,098 shares of the company’s stock valued at $6,336,000 after buying an additional 8,741 shares in the last quarter. Weaver Consulting Group lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 1.9% during the 4th quarter. Weaver Consulting Group now owns 11,145 shares of the company’s stock worth $1,059,000 after acquiring an additional 204 shares during the period. HBW Advisory Services LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 8.3% during the 4th quarter. HBW Advisory Services LLC now owns 159,163 shares of the company’s stock worth $15,122,000 after acquiring an additional 12,158 shares in the last quarter. Finally, Wedmont Private Capital increased its stake in Invesco S&P 500 Momentum ETF by 152.1% in the fourth quarter. Wedmont Private Capital now owns 6,391 shares of the company’s stock valued at $611,000 after acquiring an additional 3,856 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO stock opened at $88.39 on Wednesday. Invesco S&P 500 Momentum ETF has a fifty-two week low of $74.40 and a fifty-two week high of $103.44. The stock’s fifty day moving average price is $93.62 and its two-hundred day moving average price is $95.50. The company has a market cap of $5.18 billion, a PE ratio of 25.10 and a beta of 0.96.

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.