Cassilly Financial Group LLC Buys New Shares in Invesco S&P 500 Momentum ETF $SPMO

Cassilly Financial Group LLC purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 6,933 shares of the company’s stock, valued at approximately $827,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Schroder Investment Management Group acquired a new position in Invesco S&P 500 Momentum ETF during the second quarter worth approximately $26,000. Cullen Frost Bankers Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $27,000. Blue Trust Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $31,000. Dunhill Financial LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 117.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 305 shares of the company’s stock worth $37,000 after acquiring an additional 165 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 2.2%

SPMO opened at $107.84 on Tuesday. The stock’s fifty day simple moving average is $117.91 and its 200 day simple moving average is $119.29. Invesco S&P 500 Momentum ETF has a 1-year low of $78.25 and a 1-year high of $124.56. The stock has a market cap of $12.24 billion, a PE ratio of 29.51 and a beta of 0.98.

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.