Goldstone Financial Group LLC Purchases 6,306 Shares of Invesco S&P 500 Momentum ETF $SPMO

Goldstone Financial Group LLC boosted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 244.8% during the second quarter, Holdings Channel reports. The fund owned 8,882 shares of the company’s stock after acquiring an additional 6,306 shares during the period. Goldstone Financial Group LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $999,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SPMO. Fourth Dimension Wealth LLC bought a new position in Invesco S&P 500 Momentum ETF in the first quarter valued at $28,000. WealthShield Partners LLC increased its stake in Invesco S&P 500 Momentum ETF by 51.2% in the first quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock valued at $28,000 after acquiring an additional 104 shares during the last quarter. ORG Wealth Partners LLC bought a new position in Invesco S&P 500 Momentum ETF in the first quarter valued at $40,000. Sound Income Strategies LLC increased its stake in Invesco S&P 500 Momentum ETF by 1,859.3% in the first quarter. Sound Income Strategies LLC now owns 529 shares of the company’s stock valued at $49,000 after acquiring an additional 502 shares during the last quarter. Finally, Continuum Advisory LLC increased its stake in Invesco S&P 500 Momentum ETF by 41.2% in the first quarter. Continuum Advisory LLC now owns 528 shares of the company’s stock valued at $49,000 after acquiring an additional 154 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 0.3%

SPMO opened at $120.48 on Monday. The stock has a market cap of $11.45 billion, a PE ratio of 29.51 and a beta of 0.89. Invesco S&P 500 Momentum ETF has a 52 week low of $78.25 and a 52 week high of $120.64. The business’s fifty day simple moving average is $115.67 and its 200 day simple moving average is $104.72.

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.