JTC Employer Solutions Trustee Ltd Has $14.88 Million Holdings in Invesco S&P 500 Momentum ETF $SPMO

JTC Employer Solutions Trustee Ltd lifted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 48.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 126,800 shares of the company’s stock after acquiring an additional 41,300 shares during the period. Invesco S&P 500 Momentum ETF makes up approximately 1.0% of JTC Employer Solutions Trustee Ltd’s investment portfolio, making the stock its 11th largest position. JTC Employer Solutions Trustee Ltd owned about 0.11% of Invesco S&P 500 Momentum ETF worth $14,875,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $27,000. Dunhill Financial LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $33,000. Elevated Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at about $33,000. Dogwood Wealth Management LLC bought a new position in Invesco S&P 500 Momentum ETF in the 4th quarter valued at approximately $44,000. Finally, MAI Capital Management bought a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $50,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA SPMO opened at $150.13 on Friday. The company has a 50 day simple moving average of $129.59 and a 200 day simple moving average of $122.83. The firm has a market cap of $18.30 billion, a PE ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 1 year low of $103.99 and a 1 year high of $151.40.

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.