Tactive Advisors LLC Invests $6.22 Million in Invesco S&P 500 Value with Momentum ETF $SPVM

Tactive Advisors LLC acquired a new stake in Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 90,263 shares of the company’s stock, valued at approximately $6,219,000. Invesco S&P 500 Value with Momentum ETF accounts for 1.8% of Tactive Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Tactive Advisors LLC owned about 0.05% of Invesco S&P 500 Value with Momentum ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Larson Financial Group LLC acquired a new stake in Invesco S&P 500 Value with Momentum ETF during the fourth quarter worth approximately $37,000. Abound Financial LLC acquired a new position in Invesco S&P 500 Value with Momentum ETF in the fourth quarter valued at approximately $38,000. Kestra Advisory Services LLC acquired a new position in Invesco S&P 500 Value with Momentum ETF in the fourth quarter valued at approximately $75,000. Ameriprise Financial Inc. acquired a new position in Invesco S&P 500 Value with Momentum ETF in the second quarter valued at approximately $206,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Invesco S&P 500 Value with Momentum ETF during the 4th quarter worth approximately $210,000.

Invesco S&P 500 Value with Momentum ETF Price Performance

Shares of SPVM stock opened at $73.00 on Monday. The company has a market cap of $120.45 million, a price-to-earnings ratio of 13.46 and a beta of 0.78. Invesco S&P 500 Value with Momentum ETF has a 52 week low of $57.50 and a 52 week high of $74.85. The firm has a 50 day moving average of $71.86 and a 200-day moving average of $70.34.

About Invesco S&P 500 Value with Momentum ETF

The Invesco S&P 500 Value with Momentum ETF (SPVM) is an exchange-traded fund that is based on the S&P 500 High Momentum Value index. The fund tracks an index of S&P 500 stocks selected by value and momentum and weighted by value. SPVM was launched on Jun 16, 2011 and is managed by Invesco.