Apollon Wealth Management LLC bought a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 10,964 shares of the company’s stock, valued at approximately $1,233,000.
A number of other institutional investors and hedge funds have also bought and sold shares of SPMO. Fourth Dimension Wealth LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 1st quarter worth about $28,000. WealthShield Partners LLC increased its holdings in Invesco S&P 500 Momentum ETF by 51.2% in the 1st quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock worth $28,000 after purchasing an additional 104 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 1st quarter worth about $40,000. Sound Income Strategies LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 1,859.3% in the 1st quarter. Sound Income Strategies LLC now owns 529 shares of the company’s stock valued at $49,000 after buying an additional 502 shares during the last quarter. Finally, Continuum Advisory LLC grew its position in shares of 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 buying an additional 154 shares during the last quarter.
Invesco S&P 500 Momentum ETF Price Performance
Shares of Invesco S&P 500 Momentum ETF stock opened at $120.55 on Wednesday. Invesco S&P 500 Momentum ETF has a one year low of $78.25 and a one year high of $122.53. The stock’s 50-day moving average is $118.83 and its 200 day moving average is $108.64. The firm has a market cap of $13.14 billion, a price-to-earnings ratio of 29.51 and a beta of 0.89.
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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