XY Planning Network Inc. Buys Shares of 7,997 Invesco S&P 500 Momentum ETF $SPMO

XY Planning Network Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,997 shares of the company’s stock, valued at approximately $954,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 468.7% during the 3rd quarter. Evolution Wealth Management Inc. now owns 7,410 shares of the company’s stock worth $897,000 after buying an additional 6,107 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 116.7% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 106,101 shares of the company’s stock worth $12,660,000 after buying an additional 57,149 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 98.0% during the 3rd quarter. IFP Advisors Inc now owns 10,833 shares of the company’s stock worth $1,311,000 after buying an additional 5,361 shares in the last quarter. Benjamin Edwards Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $1,654,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 7,363.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 15,972 shares of the company’s stock worth $1,934,000 after buying an additional 15,758 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $126.58 on Thursday. The stock has a market capitalization of $14.52 billion, a price-to-earnings ratio of 29.51 and a beta of 1.02. Invesco S&P 500 Momentum ETF has a 52-week low of $84.86 and a 52-week high of $126.72. The stock’s 50 day moving average price is $118.08 and its two-hundred day moving average price is $119.17.

Invesco S&P 500 Momentum ETF Company 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.