Ameriflex Group Inc. Increases Stock Holdings in Invesco S&P 500 Momentum ETF $SPMO

Ameriflex Group Inc. increased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,593 shares of the company’s stock after acquiring an additional 1,182 shares during the quarter. Invesco S&P 500 Momentum ETF comprises approximately 0.9% of Ameriflex Group Inc.’s portfolio, making the stock its 23rd biggest position. Ameriflex Group Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,623,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. WealthShield Partners LLC lifted its stake in Invesco S&P 500 Momentum ETF by 51.2% in the first 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. Investor s Fiduciary Advisor Network LLC lifted its stake in Invesco S&P 500 Momentum ETF by 2.3% in the first quarter. Investor s Fiduciary Advisor Network LLC now owns 4,983 shares of the company’s stock worth $461,000 after acquiring an additional 111 shares during the period. MKT Advisors LLC lifted its stake in Invesco S&P 500 Momentum ETF by 3.9% in the second quarter. MKT Advisors LLC now owns 3,570 shares of the company’s stock worth $395,000 after acquiring an additional 135 shares during the period. Nwam LLC lifted its position in Invesco S&P 500 Momentum ETF by 3.6% during the first quarter. Nwam LLC now owns 3,951 shares of the company’s stock valued at $366,000 after buying an additional 137 shares during the period. Finally, Horizon Investment Services LLC lifted its position in Invesco S&P 500 Momentum ETF by 1.1% during the first quarter. Horizon Investment Services LLC now owns 13,483 shares of the company’s stock valued at $1,248,000 after buying an additional 143 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 0.6%

Shares of Invesco S&P 500 Momentum ETF stock opened at $120.09 on Friday. The firm has a market capitalization of $13.13 billion, a P/E ratio of 29.51 and a beta of 0.89. The business has a fifty day simple moving average of $118.03 and a two-hundred day simple moving average of $107.30. Invesco S&P 500 Momentum ETF has a 12 month low of $78.25 and a 12 month high of $122.30.

Invesco S&P 500 Momentum ETF 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.