Wealthcare Advisory Partners LLC acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 31,304 shares of the company’s stock, valued at approximately $3,521,000.
A number of other institutional investors have also recently bought and sold shares of SPMO. Fourth Dimension Wealth LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the first quarter worth approximately $28,000. WealthShield Partners LLC increased its stake in Invesco S&P 500 Momentum ETF by 51.2% during the 1st quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock worth $28,000 after acquiring an additional 104 shares during the period. ORG Wealth Partners LLC bought a new position in Invesco S&P 500 Momentum ETF during the 1st quarter worth $40,000. Continuum Advisory LLC raised its holdings in Invesco S&P 500 Momentum ETF by 41.2% in the 1st quarter. Continuum Advisory LLC now owns 528 shares of the company’s stock valued at $49,000 after acquiring an additional 154 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 1,859.3% during the 1st 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 period.
Invesco S&P 500 Momentum ETF Stock Performance
SPMO opened at $120.09 on Monday. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $122.30. The firm has a market cap of $13.13 billion, a P/E ratio of 29.51 and a beta of 0.89. The business’s fifty day moving average is $118.03 and its 200-day moving average is $107.48.
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.
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