US Bancorp DE Sells 1,358 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

US Bancorp DE lessened its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 18.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 5,988 shares of the company’s stock after selling 1,358 shares during the period. US Bancorp DE’s holdings in Invesco S&P 500 Momentum ETF were worth $543,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Oppenheimer & Co. Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF by 19.0% during the first quarter. Oppenheimer & Co. Inc. now owns 7,981 shares of the company’s stock worth $640,000 after purchasing an additional 1,277 shares during the last quarter. Castle Rock Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $2,263,000. Private Advisor Group LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 26.6% during the third quarter. Private Advisor Group LLC now owns 25,667 shares of the company’s stock valued at $2,326,000 after acquiring an additional 5,396 shares during the period. Jane Street Group LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 841.7% during the first quarter. Jane Street Group LLC now owns 54,620 shares of the company’s stock valued at $4,382,000 after acquiring an additional 48,820 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of Invesco S&P 500 Momentum ETF by 43.5% during the second quarter. Atria Wealth Solutions Inc. now owns 78,072 shares of the company’s stock valued at $6,828,000 after acquiring an additional 23,655 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 0.2 %

NYSEARCA:SPMO opened at $96.74 on Tuesday. Invesco S&P 500 Momentum ETF has a 1-year low of $60.22 and a 1-year high of $97.36. The business’s 50-day moving average price is $91.08 and its two-hundred day moving average price is $86.96. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00.

Invesco S&P 500 Momentum ETF 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.