Harbour Investments Inc. Has $1.93 Million Holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Harbour Investments Inc. lessened its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 45.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,330 shares of the company’s stock after selling 16,798 shares during the period. Harbour Investments Inc. owned about 0.13% of Invesco S&P 500 Momentum ETF worth $1,932,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. PSI Advisors LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 61.8% during the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after purchasing an additional 110 shares in the last quarter. Global Trust Asset Management LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 95.5% during the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after purchasing an additional 210 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $48,000. Continuum Advisory LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 44.2% during the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after acquiring an additional 216 shares during the period. Finally, Legacy Investment Solutions LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $76,000.

Invesco S&P 500 Momentum ETF Trading Up 0.7 %

Shares of Invesco S&P 500 Momentum ETF stock opened at $94.56 on Tuesday. The company has a 50 day moving average of $98.71 and a 200-day moving average of $95.28. Invesco S&P 500 Momentum ETF has a 1-year low of $74.40 and a 1-year high of $103.44. The company has a market cap of $5.26 billion, a PE ratio of 24.89 and a beta of 0.93.

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.