CoreCap Advisors LLC Purchases 11,162 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

CoreCap Advisors LLC lifted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 161.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,087 shares of the company’s stock after purchasing an additional 11,162 shares during the quarter. CoreCap Advisors LLC owned about 0.11% of Invesco S&P 500 Momentum ETF worth $1,718,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the 4th quarter worth about $14,373,000. Stratos Wealth Partners LTD. grew its holdings in Invesco S&P 500 Momentum ETF by 61.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 10,065 shares of the company’s stock worth $956,000 after purchasing an additional 3,826 shares during the period. Jane Street Group LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the third quarter worth about $326,000. Truist Financial Corp increased its stake in shares of Invesco S&P 500 Momentum ETF by 22.6% during the fourth quarter. Truist Financial Corp now owns 12,884 shares of the company’s stock valued at $1,224,000 after purchasing an additional 2,379 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 145.9% during the fourth quarter. US Bancorp DE now owns 14,727 shares of the company’s stock valued at $1,399,000 after purchasing an additional 8,739 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 1.0 %

Invesco S&P 500 Momentum ETF stock opened at $98.50 on Friday. The stock’s 50 day moving average is $92.36 and its 200 day moving average is $95.66. The company has a market capitalization of $5.77 billion, a P/E ratio of 25.10 and a beta of 0.96. Invesco S&P 500 Momentum ETF has a twelve month low of $76.75 and a twelve month high of $103.44.

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.