Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by United Advisor Group LLC

United Advisor Group LLC lifted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 173.8% in the second quarter, Holdings Channel reports. The firm owned 8,461 shares of the company’s stock after purchasing an additional 5,371 shares during the period. United Advisor Group LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $952,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GHP Investment Advisors Inc. raised its holdings in Invesco S&P 500 Momentum ETF by 99.2% in the second quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock valued at $30,000 after buying an additional 132 shares during the period. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter worth $31,000. Rossby Financial LCC increased its position in shares of Invesco S&P 500 Momentum ETF by 237.8% in the second quarter. Rossby Financial LCC now owns 304 shares of the company’s stock worth $34,000 after acquiring an additional 214 shares in the last quarter. WealthShield Partners LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 51.2% in the 1st quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock valued at $28,000 after acquiring an additional 104 shares during the period. Finally, Tradewinds Capital Management LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 342.5% during the 2nd quarter. Tradewinds Capital Management LLC now owns 354 shares of the company’s stock valued at $40,000 after acquiring an additional 274 shares in the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.5%

Shares of Invesco S&P 500 Momentum ETF stock opened at $115.84 on Wednesday. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $124.56. The stock has a market cap of $12.66 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. The company has a fifty day moving average price of $120.51 and a 200 day moving average price of $114.19.

Invesco S&P 500 Momentum ETF 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.