Jackson Wealth Management LLC grew its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 147.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,760 shares of the company’s stock after buying an additional 35,011 shares during the quarter. Jackson Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $6,609,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. Fourth Dimension Wealth LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the first quarter valued at $28,000. WealthShield Partners LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 51.2% in the first quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock valued at $28,000 after buying an additional 104 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the first quarter valued at $40,000. Continuum Advisory LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 41.2% in the first quarter. Continuum Advisory LLC now owns 528 shares of the company’s stock valued at $49,000 after buying an additional 154 shares in the last quarter. Finally, Sound Income Strategies LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 1,859.3% in the first quarter. Sound Income Strategies LLC now owns 529 shares of the company’s stock valued at $49,000 after buying an additional 502 shares in the last quarter.
Invesco S&P 500 Momentum ETF Trading Down 0.6%
Shares of NYSEARCA SPMO opened at $120.09 on Friday. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $122.30. The stock has a market capitalization of $13.13 billion, a PE ratio of 29.51 and a beta of 0.89. The stock has a fifty day simple moving average of $118.03 and a 200-day simple moving average of $107.30.
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.
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