Trilogy Capital Inc. Boosts Stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Trilogy Capital Inc. grew its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMOFree Report) by 7.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 592,698 shares of the company’s stock after acquiring an additional 38,536 shares during the period. Invesco S&P 500 Momentum ETF comprises about 2.4% of Trilogy Capital Inc.’s holdings, making the stock its 12th largest holding. Trilogy Capital Inc. owned about 17.23% of Invesco S&P 500 Momentum ETF worth $38,819,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 3.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 6,522 shares of the company’s stock worth $355,000 after buying an additional 193 shares during the last quarter. Betterment LLC boosted its stake in Invesco S&P 500 Momentum ETF by 4.4% during the 3rd quarter. Betterment LLC now owns 4,932 shares of the company’s stock valued at $283,000 after purchasing an additional 208 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Invesco S&P 500 Momentum ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 41,746 shares of the company’s stock valued at $2,391,000 after purchasing an additional 300 shares during the last quarter. Global Retirement Partners LLC boosted its stake in Invesco S&P 500 Momentum ETF by 4.2% during the 3rd quarter. Global Retirement Partners LLC now owns 11,490 shares of the company’s stock valued at $654,000 after purchasing an additional 464 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in Invesco S&P 500 Momentum ETF during the 1st quarter valued at $29,000.

Invesco S&P 500 Momentum ETF Trading Down 0.2 %

SPMO traded down $0.19 during trading on Wednesday, hitting $76.52. 166,582 shares of the company’s stock traded hands, compared to its average volume of 192,292. The company’s 50 day simple moving average is $69.55 and its two-hundred day simple moving average is $62.91. Invesco S&P 500 Momentum ETF has a 12-month low of $51.67 and a 12-month high of $77.20. The stock has a market capitalization of $263.23 million, a price-to-earnings ratio of 19.31 and a beta of 0.89.

About Invesco S&P 500 Momentum ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

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