Venture Visionary Partners LLC bought a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 115,414 shares of the company’s stock, valued at approximately $13,972,000.
Several other institutional investors have also bought and sold shares of SPMO. Stephens Inc. AR lifted its stake in Invesco S&P 500 Momentum ETF by 2.1% during the 2nd quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock valued at $496,000 after acquiring an additional 89 shares in the last quarter. Strait & Sound Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 0.7% in the second quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock valued at $1,614,000 after purchasing an additional 94 shares during the last quarter. Fourth Dimension Wealth LLC grew its position in Invesco S&P 500 Momentum ETF by 33.3% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 400 shares of the company’s stock worth $45,000 after purchasing an additional 100 shares in the last quarter. Sutton Place Investors LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 1.8% in the 2nd quarter. Sutton Place Investors LLC now owns 6,015 shares of the company’s stock worth $677,000 after buying an additional 109 shares during the last quarter. Finally, Centaurus Financial Inc. increased its position in shares of Invesco S&P 500 Momentum ETF by 9.1% during the second quarter. Centaurus Financial Inc. now owns 1,301 shares of the company’s stock valued at $146,000 after acquiring an additional 109 shares during the last quarter.
Invesco S&P 500 Momentum ETF Trading Down 0.4%
Shares of Invesco S&P 500 Momentum ETF stock opened at $118.68 on Tuesday. The business’s fifty day simple moving average is $119.82 and its 200 day simple moving average is $116.40. Invesco S&P 500 Momentum ETF has a 12 month low of $78.25 and a 12 month high of $124.56. The firm has a market capitalization of $12.97 billion, a P/E ratio of 29.51 and a beta of 0.98.
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.
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