3,429 Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by Wedmont Private Capital

Wedmont Private Capital increased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 7.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,777 shares of the company’s stock after buying an additional 3,429 shares during the quarter. Wedmont Private Capital’s holdings in Invesco S&P 500 Momentum ETF were worth $7,358,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton acquired a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $33,000. Toth Financial Advisory Corp acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $34,000. Montgomery Financial Services LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the second quarter valued at approximately $46,000. Blue Trust Inc. increased its position in shares of Invesco S&P 500 Momentum ETF by 35.8% during the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after purchasing an additional 93 shares during the period. Finally, Timbuktu Capital Management LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the second quarter valued at $65,000.

Invesco S&P 500 Momentum ETF Trading Up 0.4%

SPMO stock traded up $0.54 during midday trading on Friday, hitting $151.38. The stock had a trading volume of 851,586 shares, compared to its average volume of 1,941,885. The firm has a market capitalization of $23.12 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The stock has a 50-day simple moving average of $149.48 and a 200 day simple moving average of $143.77.

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.