Ethos Financial Group LLC Takes $16.69 Million Position in Invesco S&P 500 Momentum ETF $SPMO

Ethos Financial Group LLC bought a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 148,375 shares of the company’s stock, valued at approximately $16,688,000. Invesco S&P 500 Momentum ETF accounts for approximately 1.4% of Ethos Financial Group LLC’s portfolio, making the stock its 14th largest holding. Ethos Financial Group LLC owned about 0.16% of Invesco S&P 500 Momentum ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its position in Invesco S&P 500 Momentum ETF by 35.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,166,537 shares of the company’s stock worth $918,490,000 after purchasing an additional 2,151,980 shares in the last quarter. LPL Financial LLC lifted its stake in shares of 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 period. Mainstay Capital Management LLC ADV lifted its stake in shares of Invesco S&P 500 Momentum ETF by 111.9% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 2,628,653 shares of the company’s stock valued at $295,645,000 after purchasing an additional 1,388,287 shares during the period. CWM LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 87.2% during the second quarter. CWM LLC now owns 2,458,025 shares of the company’s stock worth $276,454,000 after buying an additional 1,144,827 shares in the last quarter. Finally, Clark Capital Management Group Inc. grew its position in Invesco S&P 500 Momentum ETF by 35.4% during the first quarter. Clark Capital Management Group Inc. now owns 1,683,208 shares of the company’s stock valued at $155,747,000 after buying an additional 440,005 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO stock opened at $119.77 on Thursday. Invesco S&P 500 Momentum ETF has a one year low of $78.25 and a one year high of $124.56. The firm’s fifty day moving average is $120.24 and its 200 day moving average is $112.43. The firm has a market cap of $13.09 billion, a PE ratio of 29.51 and a beta of 0.98.

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.