Great Valley Advisor Group Inc. Has $1.21 Million Stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Great Valley Advisor Group Inc. grew its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMOFree Report) by 268.9% in the third quarter, HoldingsChannel.com reports. The fund owned 21,036 shares of the company’s stock after buying an additional 15,333 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,205,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Commonwealth Equity Services LLC raised its position in Invesco S&P 500 Momentum ETF by 3.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 6,522 shares of the company’s stock valued at $355,000 after purchasing an additional 193 shares during the last quarter. Global Retirement Partners LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 4.2% in the third quarter. Global Retirement Partners LLC now owns 11,490 shares of the company’s stock valued at $654,000 after buying an additional 464 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Invesco S&P 500 Momentum ETF in the first quarter valued at about $29,000. UBS Group AG acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $33,000. Finally, Captrust Financial Advisors bought a new stake in Invesco S&P 500 Momentum ETF during the 2nd quarter worth about $51,000.

Invesco S&P 500 Momentum ETF Trading Up 0.2 %

SPMO opened at $70.15 on Wednesday. Invesco S&P 500 Momentum ETF has a 1-year low of $51.67 and a 1-year high of $70.18. The stock has a market capitalization of $241.32 million, a PE ratio of 19.31 and a beta of 0.89. The firm has a 50-day moving average price of $64.95 and a two-hundred day moving average price of $60.50.

About Invesco S&P 500 Momentum ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SPMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMOFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

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