200,151 Shares in Invesco S&P 500 Momentum ETF $SPMO Bought by Triton Wealth Management PLLC

Triton Wealth Management PLLC acquired a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 200,151 shares of the company’s stock, valued at approximately $22,885,000. Invesco S&P 500 Momentum ETF comprises approximately 9.8% of Triton Wealth Management PLLC’s portfolio, making the stock its 3rd largest holding. Triton Wealth Management PLLC owned about 0.22% of Invesco S&P 500 Momentum ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fourth Dimension Wealth LLC bought a new stake in Invesco S&P 500 Momentum ETF during the 1st quarter worth $28,000. WealthShield Partners LLC grew its position in Invesco S&P 500 Momentum ETF by 51.2% during the 1st quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock worth $28,000 after acquiring an additional 104 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in Invesco S&P 500 Momentum ETF during the 1st quarter worth $40,000. Sound Income Strategies LLC grew its position in Invesco S&P 500 Momentum ETF by 1,859.3% during the 1st quarter. Sound Income Strategies LLC now owns 529 shares of the company’s stock worth $49,000 after acquiring an additional 502 shares during the last quarter. Finally, Continuum Advisory LLC grew its position in Invesco S&P 500 Momentum ETF by 41.2% during the 1st quarter. Continuum Advisory LLC now owns 528 shares of the company’s stock worth $49,000 after acquiring an additional 154 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 0.5%

Shares of SPMO stock opened at $120.55 on Wednesday. The firm has a market capitalization of $13.14 billion, a P/E ratio of 29.51 and a beta of 0.89. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $122.53. The stock’s fifty day simple moving average is $118.83 and its 200 day simple moving average is $108.64.

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.