Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lessened its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 6.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,013 shares of the company’s stock after selling 417 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $571,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. PSI Advisors LLC grew its holdings in Invesco S&P 500 Momentum ETF by 61.8% during the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock valued at $27,000 after buying an additional 110 shares during the last quarter. Global Trust Asset Management LLC grew its holdings in Invesco S&P 500 Momentum ETF by 95.5% during the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after buying an additional 210 shares during the last quarter. Continuum Advisory LLC grew its holdings in Invesco S&P 500 Momentum ETF by 44.2% during the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock valued at $67,000 after buying an additional 216 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth $76,000. Finally, AdvisorNet Financial Inc boosted 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 purchasing an additional 601 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 0.0 %

SPMO stock opened at $103.09 on Thursday. Invesco S&P 500 Momentum ETF has a 52-week low of $72.99 and a 52-week high of $103.44. The stock’s fifty day simple moving average is $98.73 and its 200-day simple moving average is $93.96. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00.

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.