Invesco S&P 500 Momentum ETF $SPMO Shares Purchased by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC grew its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 11.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,583 shares of the company’s stock after acquiring an additional 2,234 shares during the period. Mayflower Financial Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,427,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of SPMO. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Momentum ETF by 35.8% in the second quarter. Envestnet Asset Management Inc. now owns 8,166,537 shares of the company’s stock worth $918,490,000 after acquiring an additional 2,151,980 shares in the last quarter. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 64.3% in the first quarter. LPL Financial LLC now owns 3,579,241 shares of the company’s stock worth $331,187,000 after acquiring an additional 1,400,512 shares in the last quarter. Mainstay Capital Management LLC ADV grew its stake in shares of Invesco S&P 500 Momentum ETF by 111.9% in the second quarter. Mainstay Capital Management LLC ADV now owns 2,628,653 shares of the company’s stock worth $295,645,000 after acquiring an additional 1,388,287 shares in the last quarter. CWM LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 87.2% in the second quarter. CWM LLC now owns 2,458,025 shares of the company’s stock worth $276,454,000 after acquiring an additional 1,144,827 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in shares of Invesco S&P 500 Momentum ETF in the first quarter worth $40,743,000.

Invesco S&P 500 Momentum ETF Stock Up 0.4%

NYSEARCA:SPMO opened at $123.44 on Wednesday. The company has a fifty day simple moving average of $119.63 and a two-hundred day simple moving average of $111.08. The company has a market cap of $13.43 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 52 week low of $78.25 and a 52 week high of $123.82.

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.