Sigma Planning Corp Buys 5,938 Shares of Invesco S&P 500 Momentum ETF $SPMO

Sigma Planning Corp grew its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,759 shares of the company’s stock after acquiring an additional 5,938 shares during the period. Sigma Planning Corp’s holdings in Invesco S&P 500 Momentum ETF were worth $6,295,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Simplicity Wealth LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 115.1% during the fourth quarter. Simplicity Wealth LLC now owns 3,824 shares of the company’s stock worth $456,000 after acquiring an additional 2,046 shares during the period. Smart Money Group LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 19.8% during the fourth quarter. Smart Money Group LLC now owns 11,152 shares of the company’s stock worth $1,331,000 after acquiring an additional 1,844 shares during the period. Capital Developers LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the fourth quarter worth approximately $8,346,000. Strategic Blueprint LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 111.1% during the fourth quarter. Strategic Blueprint LLC now owns 18,487 shares of the company’s stock worth $2,206,000 after acquiring an additional 9,729 shares during the period. Finally, Comerica Bank boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 4.0% during the fourth quarter. Comerica Bank now owns 4,039 shares of the company’s stock worth $482,000 after acquiring an additional 155 shares during the period.

Invesco S&P 500 Momentum ETF Stock Up 2.3%

Shares of NYSEARCA:SPMO opened at $133.79 on Friday. Invesco S&P 500 Momentum ETF has a 12-month low of $95.46 and a 12-month high of $133.93. The stock has a market cap of $16.21 billion, a PE ratio of 29.51 and a beta of 1.02. The business has a 50 day moving average of $120.37 and a 200-day moving average of $119.87.

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.