US Bancorp DE Purchases 8,739 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

US Bancorp DE grew its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 145.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,727 shares of the company’s stock after purchasing an additional 8,739 shares during the period. US Bancorp DE owned about 0.09% of Invesco S&P 500 Momentum ETF worth $1,399,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. PSI Advisors LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 61.8% in the fourth quarter. PSI Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after acquiring an additional 110 shares during the last quarter. Global Trust Asset Management LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 95.5% in the fourth quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after purchasing an additional 210 shares during the last quarter. Continuum Advisory LLC increased its holdings in Invesco S&P 500 Momentum ETF by 44.2% during the third quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after buying an additional 216 shares during the last quarter. Legacy Investment Solutions LLC bought a new position in Invesco S&P 500 Momentum ETF during the third quarter worth $76,000. Finally, AdvisorNet Financial Inc boosted its position in shares of Invesco S&P 500 Momentum ETF by 85.7% in the fourth quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock valued at $124,000 after acquiring an additional 601 shares during the period.

Invesco S&P 500 Momentum ETF Stock Down 0.2 %

SPMO opened at $94.54 on Friday. Invesco S&P 500 Momentum ETF has a twelve month low of $74.40 and a twelve month high of $103.44. The company has a 50-day simple moving average of $99.07 and a 200 day simple moving average of $95.07. The stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of 26.90 and a beta of 0.94.

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.