Invesco S&P 500 Momentum ETF $SPMO Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. lessened its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 57.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,621 shares of the company’s stock after selling 14,500 shares during the period. D.A. Davidson & CO.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,191,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of Invesco S&P 500 Momentum ETF by 5.6% during the 1st quarter. Bank of New York Mellon Corp now owns 3,481 shares of the company’s stock worth $390,000 after purchasing an additional 185 shares during the period. Geneos Wealth Management Inc. raised its holdings in Invesco S&P 500 Momentum ETF by 4.6% in the first quarter. Geneos Wealth Management Inc. now owns 51,515 shares of the company’s stock valued at $5,775,000 after buying an additional 2,244 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its position in Invesco S&P 500 Momentum ETF by 205.7% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 35,580 shares of the company’s stock valued at $3,989,000 after buying an additional 23,940 shares in the last quarter. Signet Financial Management LLC lifted its position in Invesco S&P 500 Momentum ETF by 8.7% during the first quarter. Signet Financial Management LLC now owns 28,780 shares of the company’s stock valued at $3,226,000 after buying an additional 2,298 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its stake in Invesco S&P 500 Momentum ETF by 3.3% during the first quarter. Sanctuary Advisors LLC now owns 288,988 shares of the company’s stock worth $32,398,000 after buying an additional 9,187 shares during the period.

Invesco S&P 500 Momentum ETF Stock Up 0.2%

Invesco S&P 500 Momentum ETF stock opened at $150.07 on Thursday. The firm has a fifty day moving average of $150.93 and a 200-day moving average of $131.97. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The firm has a market capitalization of $21.60 billion, a P/E ratio of 29.51 and a beta of 1.09.

Invesco S&P 500 Momentum ETF Company 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.