First Heartland Consultants Inc. Reduces Stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

First Heartland Consultants Inc. lowered its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,728 shares of the company’s stock after selling 195 shares during the quarter. First Heartland Consultants Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $734,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Global Trust Asset Management LLC boosted 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 valued at $41,000 after acquiring an additional 210 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $48,000. Comerica Bank bought a new stake in Invesco S&P 500 Momentum ETF during the fourth quarter valued at approximately $68,000. Glass Jacobson Investment Advisors llc grew its stake in Invesco S&P 500 Momentum ETF by 607.6% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 842 shares of the company’s stock worth $80,000 after buying an additional 723 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 28.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,058 shares of the company’s stock worth $101,000 after buying an additional 232 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $103.01 on Thursday. Invesco S&P 500 Momentum ETF has a fifty-two week low of $76.75 and a fifty-two week high of $105.34. The stock has a market cap of $6.90 billion, a P/E ratio of 27.23 and a beta of 0.97. The firm’s fifty day moving average price is $94.09 and its 200-day moving average price is $96.33.

Invesco S&P 500 Momentum ETF Company Profile

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.