Ethos Financial Group LLC Sells 81,854 Shares of Invesco S&P 500 Momentum ETF $SPMO

Ethos Financial Group LLC decreased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 48.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,151 shares of the company’s stock after selling 81,854 shares during the quarter. Ethos Financial Group LLC owned 0.08% of Invesco S&P 500 Momentum ETF worth $10,399,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vantagepoint Investment Advisers LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $317,167,000. Osaic Holdings Inc. boosted its stake in Invesco S&P 500 Momentum ETF by 126.3% during the 2nd quarter. Osaic Holdings Inc. now owns 1,097,393 shares of the company’s stock valued at $120,105,000 after purchasing an additional 612,432 shares during the last quarter. Bank of America Corp DE boosted its stake in Invesco S&P 500 Momentum ETF by 30.4% during the 2nd quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock valued at $271,204,000 after purchasing an additional 562,290 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth $65,042,000. Finally, Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 62.0% in the 3rd quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock worth $162,342,000 after purchasing an additional 513,037 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

SPMO stock opened at $114.74 on Friday. The stock has a market capitalization of $13.11 billion, a P/E ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 1-year low of $78.25 and a 1-year high of $124.56. The business has a fifty day moving average price of $117.62 and a 200-day moving average price of $119.11.

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.