RVW Wealth LLC Grows Stock Holdings in Invesco S&P 500 Momentum ETF $SPMO

RVW Wealth LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 259,247 shares of the company’s stock after buying an additional 12,038 shares during the period. Invesco S&P 500 Momentum ETF comprises approximately 2.8% of RVW Wealth LLC’s investment portfolio, making the stock its 10th biggest position. RVW Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $41,879,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. SG Americas Securities LLC grew its position in Invesco S&P 500 Momentum ETF by 8.0% in the first quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock worth $131,000 after buying an additional 87 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF by 35.8% during the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after acquiring an additional 93 shares during the last quarter. Fourth Dimension Wealth LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 20.0% during the 4th quarter. Fourth Dimension Wealth LLC now owns 600 shares of the company’s stock valued at $72,000 after acquiring an additional 100 shares during the last quarter. Peregrine Asset Advisers Inc. boosted its stake in shares of Invesco S&P 500 Momentum ETF by 3.1% during the 1st quarter. Peregrine Asset Advisers Inc. now owns 3,282 shares of the company’s stock worth $368,000 after acquiring an additional 100 shares in the last quarter. Finally, Triumph Capital Management boosted its stake in shares of Invesco S&P 500 Momentum ETF by 19.0% during the 4th quarter. Triumph Capital Management now owns 671 shares of the company’s stock worth $80,000 after acquiring an additional 107 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 0.8%

Shares of NYSEARCA SPMO opened at $149.10 on Friday. The stock has a market capitalization of $21.83 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. The stock’s fifty day simple moving average is $150.95 and its 200 day simple moving average is $133.96. 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 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.