Invesco S&P 500 Momentum ETF $SPMO Shares Bought by Altus Wealth Group LLC

Altus Wealth Group LLC raised its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 3.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 131,514 shares of the company’s stock after acquiring an additional 4,381 shares during the period. Invesco S&P 500 Momentum ETF makes up approximately 6.5% of Altus Wealth Group LLC’s holdings, making the stock its 4th biggest holding. Altus Wealth Group LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $14,791,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SPMO. Fourth Dimension Wealth LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the first quarter valued at approximately $28,000. WealthShield Partners LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 51.2% during the first quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock valued at $28,000 after buying an additional 104 shares during the last quarter. Tradewinds Capital Management LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 342.5% during the second quarter. Tradewinds Capital Management LLC now owns 354 shares of the company’s stock valued at $40,000 after buying an additional 274 shares during the last quarter. Continuum Advisory LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 41.2% during the first 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. Finally, Compass Financial Services Inc purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the first quarter valued at $71,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO opened at $120.42 on Monday. The firm has a market capitalization of $13.04 billion, a PE ratio of 29.51 and a beta of 0.89. Invesco S&P 500 Momentum ETF has a 1-year low of $78.25 and a 1-year high of $122.63. The company’s fifty day moving average price is $119.07 and its 200-day moving average price is $109.35.

About Invesco S&P 500 Momentum ETF

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.