Thurston Springer Miller Herd & Titak Inc. Purchases 9,545 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 100.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,078 shares of the company’s stock after acquiring an additional 9,545 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,813,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 10.0% during the third quarter. LPL Financial LLC now owns 1,242,778 shares of the company’s stock valued at $112,645,000 after buying an additional 113,439 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Invesco S&P 500 Momentum ETF by 61.6% during the second quarter. Cetera Investment Advisers now owns 377,409 shares of the company’s stock valued at $33,008,000 after buying an additional 143,810 shares during the last quarter. Principal Securities Inc. raised its position in shares of Invesco S&P 500 Momentum ETF by 10.3% during the third quarter. Principal Securities Inc. now owns 321,860 shares of the company’s stock valued at $29,173,000 after buying an additional 30,133 shares during the last quarter. World Investment Advisors LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 1,416.7% during the third quarter. World Investment Advisors LLC now owns 300,875 shares of the company’s stock valued at $27,271,000 after buying an additional 281,038 shares during the last quarter. Finally, Family Investment Center Inc. raised its position in shares of Invesco S&P 500 Momentum ETF by 1.5% during the third quarter. Family Investment Center Inc. now owns 293,274 shares of the company’s stock valued at $26,582,000 after buying an additional 4,245 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO stock opened at $95.50 on Wednesday. The firm has a fifty day moving average price of $96.31 and a 200 day moving average price of $91.55. Invesco S&P 500 Momentum ETF has a fifty-two week low of $66.01 and a fifty-two week high of $98.76. The firm has a market cap of $1.54 billion, a PE ratio of 20.66 and a beta of 1.00.

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.