Strategic Blueprint LLC Has $880,000 Position in Invesco S&P 500 Momentum ETF $SPMO

Strategic Blueprint LLC lowered its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 3.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,821 shares of the company’s stock after selling 301 shares during the quarter. Strategic Blueprint LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in SPMO. WealthShield Partners LLC increased 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 valued at $28,000 after purchasing an additional 104 shares during the period. Tradewinds Capital Management LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 342.5% in the 2nd quarter. Tradewinds Capital Management LLC now owns 354 shares of the company’s stock valued at $40,000 after purchasing an additional 274 shares during the last quarter. Compass Financial Services Inc bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 1st quarter valued at $71,000. NorthRock Partners LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 1st quarter valued at $73,000. Finally, Global Trust Asset Management LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter valued at $87,000.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $121.71 on Friday. The firm’s fifty day moving average is $119.36 and its 200-day moving average is $110.29. Invesco S&P 500 Momentum ETF has a 52 week low of $78.25 and a 52 week high of $122.63. The firm has a market cap of $13.24 billion, a P/E ratio of 29.51 and a beta of 0.89.

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.