One Capital Management LLC Sells 90,046 Shares of Invesco S&P 500 Momentum ETF $SPMO

One Capital Management LLC cut its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 76.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,850 shares of the company’s stock after selling 90,046 shares during the quarter. One Capital Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $3,323,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of SPMO. BNP Paribas Financial Markets increased its position in shares of Invesco S&P 500 Momentum ETF by 1,586.1% during the 4th quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock valued at $169,906,000 after purchasing an additional 1,339,497 shares during the last quarter. Bank of America Corp DE increased its position in shares of 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 valued at $271,204,000 after purchasing an additional 562,290 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Invesco S&P 500 Momentum ETF by 62.0% during the 3rd quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock valued at $162,342,000 after purchasing an additional 513,037 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of Invesco S&P 500 Momentum ETF by 254.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 545,673 shares of the company’s stock valued at $65,356,000 after purchasing an additional 391,694 shares during the last quarter. Finally, CWM LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 14.1% during the 4th quarter. CWM LLC now owns 2,992,182 shares of the company’s stock valued at $357,027,000 after purchasing an additional 369,627 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Up 1.3%

Shares of Invesco S&P 500 Momentum ETF stock opened at $154.32 on Wednesday. The firm has a market capitalization of $18.81 billion, a PE ratio of 29.51 and a beta of 1.09. The business’s 50-day moving average price is $131.00 and its 200-day moving average price is $123.27. Invesco S&P 500 Momentum ETF has a 12 month low of $105.30 and a 12 month high of $154.51.

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.