Invesco S&P 500 Momentum ETF $SPMO Shares Bought by Kelly Financial Services LLC

Kelly Financial Services LLC grew its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 52.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 26,633 shares of the company’s stock after purchasing an additional 9,138 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for 0.9% of Kelly Financial Services LLC’s portfolio, making the stock its 28th largest position. Kelly Financial Services LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,995,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Fourth Dimension Wealth LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth $28,000. WealthShield Partners LLC grew its holdings 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 worth $28,000 after acquiring an additional 104 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth $40,000. Sound Income Strategies LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 1,859.3% in the 1st quarter. Sound Income Strategies LLC now owns 529 shares of the company’s stock worth $49,000 after acquiring an additional 502 shares during the last quarter. Finally, Continuum Advisory LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 41.2% in the 1st quarter. Continuum Advisory LLC now owns 528 shares of the company’s stock worth $49,000 after acquiring an additional 154 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 0.2%

Shares of NYSEARCA SPMO opened at $120.58 on Monday. The stock has a market capitalization of $11.46 billion, a price-to-earnings ratio of 29.51 and a beta of 0.89. The stock’s fifty day simple moving average is $117.38 and its 200 day simple moving average is $106.56. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $122.30.

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.