Invesco S&P 500 Momentum ETF $SPMO Shares Newly Bought by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 141,047 shares of the company’s stock, valued at approximately $21,380,000. Invesco S&P 500 Momentum ETF comprises about 9.3% of Capstone Wealth Management Group LLC’s investment portfolio, making the stock its 2nd largest holding. Capstone Wealth Management Group LLC owned approximately 0.09% of Invesco S&P 500 Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of SPMO. Vantagepoint Investment Advisers LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $353,565,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $119,358,000. Commonwealth Equity Services LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $76,658,000. Tompkins Financial Corp bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $36,990,000. Finally, International Assets Investment Management LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 2,683.0% during the 3rd quarter. International Assets Investment Management LLC now owns 250,000 shares of the company’s stock valued at $37,895,000 after acquiring an additional 241,017 shares during the period.

Invesco S&P 500 Momentum ETF Stock Up 3.7%

SPMO opened at $134.42 on Thursday. The business has a fifty day moving average of $144.57 and a 200 day moving average of $138.28. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The stock has a market cap of $21.14 billion, a P/E ratio of 29.51 and a beta of 1.12.

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.