Assetmark Inc. Has $4.99 Million Stock Holdings in Invesco S&P 500 Momentum ETF $SPMO

Assetmark Inc. increased its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 60.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,840 shares of the company’s stock after buying an additional 15,738 shares during the period. Assetmark Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $4,992,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SPMO. Cullen Frost Bankers Inc. acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $27,000. Blue Trust Inc. acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $31,000. Dunhill Financial LLC acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $33,000. Salomon & Ludwin LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 117.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 305 shares of the company’s stock worth $37,000 after buying an additional 165 shares during the last quarter. Finally, Bernard Wealth Management Corp. purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $45,000.

Invesco S&P 500 Momentum ETF Stock Up 1.2%

Shares of NYSEARCA SPMO opened at $128.30 on Friday. Invesco S&P 500 Momentum ETF has a twelve month low of $84.86 and a twelve month high of $128.43. The stock’s 50 day moving average price is $118.46 and its 200-day moving average price is $119.26. The company has a market capitalization of $14.94 billion, a PE ratio of 29.51 and a beta of 1.02.

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.