Compass Financial Services Inc Buys 3,508 Shares of Invesco S&P 500 Momentum ETF $SPMO

Compass Financial Services Inc boosted its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,356 shares of the company’s stock after acquiring an additional 3,508 shares during the period. Invesco S&P 500 Momentum ETF comprises approximately 4.3% of Compass Financial Services Inc’s portfolio, making the stock its 8th largest position. Compass Financial Services Inc’s holdings in Invesco S&P 500 Momentum ETF were worth $9,906,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SPMO. BNP Paribas Financial Markets increased its position in shares of Invesco S&P 500 Momentum ETF by 1,586.1% during the fourth quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock worth $169,906,000 after purchasing an additional 1,339,497 shares in the last quarter. Bank of America Corp DE grew its stake in Invesco S&P 500 Momentum ETF by 30.4% during the 2nd quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock worth $271,204,000 after buying an additional 562,290 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Invesco S&P 500 Momentum ETF by 75.9% during the 4th quarter. JPMorgan Chase & Co. now owns 1,231,078 shares of the company’s stock worth $146,892,000 after buying an additional 531,093 shares during the last quarter. Raymond James Financial Inc. increased its position in Invesco S&P 500 Momentum ETF by 62.0% during the third quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock worth $162,342,000 after buying an additional 513,037 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in Invesco S&P 500 Momentum ETF by 254.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 545,673 shares of the company’s stock worth $65,356,000 after buying an additional 391,694 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA SPMO traded up $0.67 on Friday, reaching $153.75. The stock had a trading volume of 1,625,099 shares, compared to its average volume of 1,929,442. The stock has a market cap of $21.80 billion, a P/E ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 12-month low of $107.24 and a 12-month high of $162.30. The business’s 50-day moving average price is $149.87 and its 200 day moving average price is $130.35.

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.