Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Get Rating) by 243.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,375 shares of the company’s stock after acquiring an additional 15,868 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.60% of Invesco S&P 500 Momentum ETF worth $1,270,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. DB Wealth Management Group LLC grew its position in Invesco S&P 500 Momentum ETF by 7.0% during the third quarter. DB Wealth Management Group LLC now owns 3,043 shares of the company’s stock worth $153,000 after buying an additional 200 shares during the period. Mayflower Financial Advisors LLC acquired a new position in Invesco S&P 500 Momentum ETF during the fourth quarter worth about $236,000. Global Retirement Partners LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 24.3% in the third quarter. Global Retirement Partners LLC now owns 2,955 shares of the company’s stock valued at $169,000 after purchasing an additional 577 shares in the last quarter. US Bancorp DE purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $26,000. Finally, LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 135.7% in the fourth quarter. LPL Financial LLC now owns 392,360 shares of the company’s stock valued at $22,278,000 after purchasing an additional 225,878 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA SPMO opened at $54.81 on Friday. Invesco S&P 500 Momentum ETF has a 12-month low of $49.92 and a 12-month high of $59.24. The company has a market capitalization of $217.60 million, a PE ratio of 19.31 and a beta of 0.89. The firm’s 50-day moving average is $54.80 and its two-hundred day moving average is $55.83.

Invesco S&P 500 Momentum ETF Company Profile

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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.