Insight Wealth Strategies LLC Acquires 31,588 Shares of Invesco S&P 500 Momentum ETF $SPMO

Insight Wealth Strategies LLC raised its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 14.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 247,018 shares of the company’s stock after acquiring an additional 31,588 shares during the quarter. Invesco S&P 500 Momentum ETF makes up about 3.8% of Insight Wealth Strategies LLC’s portfolio, making the stock its largest holding. Insight Wealth Strategies LLC owned about 0.16% of Invesco S&P 500 Momentum ETF worth $37,443,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Prota Financial LLC raised its holdings in Invesco S&P 500 Momentum ETF by 19.1% during the third quarter. Prota Financial LLC now owns 24,646 shares of the company’s stock worth $3,765,000 after buying an additional 3,947 shares during the last quarter. Green Ridge Wealth Planning LLC boosted its stake in Invesco S&P 500 Momentum ETF by 7.8% during the 3rd quarter. Green Ridge Wealth Planning LLC now owns 118,636 shares of the company’s stock valued at $17,983,000 after purchasing an additional 8,610 shares during the last quarter. First Heartland Consultants Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter worth approximately $7,060,000. Financial Enhancement Group LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $19,633,000. Finally, Farther Finance Advisors LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 92.0% during the third quarter. Farther Finance Advisors LLC now owns 77,066 shares of the company’s stock valued at $11,682,000 after buying an additional 36,920 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Up 0.2%

Invesco S&P 500 Momentum ETF stock traded up $0.37 during trading on Friday, hitting $151.21. 804,294 shares of the company were exchanged, compared to its average volume of 1,941,576. The company has a market capitalization of $23.10 billion, a P/E ratio of 29.51 and a beta of 1.10. The business’s 50 day moving average is $149.48 and its 200 day moving average is $143.77. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30.

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.