Raymond James Financial Services Advisors Inc. Raises Position in Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM)

Raymond James Financial Services Advisors Inc. grew its position in Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) by 12.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 13,708 shares of the company’s stock after buying an additional 1,484 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Invesco S&P 500 Value with Momentum ETF were worth $695,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Cooper Financial Group raised its holdings in Invesco S&P 500 Value with Momentum ETF by 4.3% in the fourth 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 last quarter. Commonwealth Equity Services LLC purchased a new position in Invesco S&P 500 Value with Momentum ETF in the third quarter worth about $309,000. Morgan Stanley raised its holdings in Invesco S&P 500 Value with Momentum ETF by 0.7% in the fourth 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 last quarter. Susquehanna International Group LLP raised its holdings in shares of Invesco S&P 500 Value with Momentum ETF by 245.8% during the fourth quarter. Susquehanna International Group LLP now owns 34,798 shares of the company’s stock valued at $1,717,000 after purchasing an additional 24,736 shares during the last quarter. Finally, Advisor Group Holdings Inc. raised its holdings in shares of Invesco S&P 500 Value with Momentum ETF by 18.3% during the fourth quarter. Advisor Group Holdings Inc. now owns 7,532 shares of the company’s stock valued at $372,000 after purchasing an additional 1,165 shares during the last quarter.

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

SPVM opened at $53.31 on Thursday. The firm has a 50 day moving average price of $53.69 and a 200-day moving average price of $50.60. Invesco S&P 500 Value with Momentum ETF has a twelve month low of $44.50 and a twelve month high of $56.51. The stock has a market capitalization of $36.78 million, a price-to-earnings ratio of 11.30 and a beta of 0.72.

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.