Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by Ascent Group LLC

Ascent Group LLC increased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 231.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 154,037 shares of the company’s stock after buying an additional 107,558 shares during the period. Ascent Group LLC owned about 0.23% of Invesco S&P 500 Momentum ETF worth $14,253,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 41.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 6,014,557 shares of the company’s stock valued at $556,527,000 after buying an additional 1,770,226 shares during the period. LPL Financial LLC lifted its position in Invesco S&P 500 Momentum ETF by 64.3% in the 1st quarter. LPL Financial LLC now owns 3,579,241 shares of the company’s stock valued at $331,187,000 after purchasing an additional 1,400,512 shares during the last quarter. Clark Capital Management Group Inc. lifted its position in Invesco S&P 500 Momentum ETF by 35.4% in the 1st quarter. Clark Capital Management Group Inc. now owns 1,683,208 shares of the company’s stock valued at $155,747,000 after purchasing an additional 440,005 shares during the last quarter. CWM LLC lifted its position in Invesco S&P 500 Momentum ETF by 201.9% in the 1st quarter. CWM LLC now owns 1,313,198 shares of the company’s stock valued at $121,510,000 after purchasing an additional 878,259 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV lifted its position in Invesco S&P 500 Momentum ETF by 1.9% in the 1st quarter. Mainstay Capital Management LLC ADV now owns 1,240,366 shares of the company’s stock valued at $114,771,000 after purchasing an additional 23,474 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.2%

SPMO stock opened at $117.05 on Monday. Invesco S&P 500 Momentum ETF has a 52 week low of $78.25 and a 52 week high of $119.07. The company has a market capitalization of $11.12 billion, a price-to-earnings ratio of 29.51 and a beta of 0.89. The firm’s 50-day moving average is $114.93 and its two-hundred day moving average is $104.01.

Invesco S&P 500 Momentum ETF Company Profile

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.