Investment Insight Wealth Management LLC cut its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 26.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,108 shares of the company’s stock after selling 5,441 shares during the quarter. Invesco S&P 500 Momentum ETF comprises 1.9% of Investment Insight Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position. Investment Insight Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,290,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of SPMO. SG Americas Securities LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 8.0% during the 1st quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock valued at $131,000 after purchasing an additional 87 shares in the last quarter. Eagle Strategies LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 6.4% in the third quarter. Eagle Strategies LLC now owns 1,703 shares of the company’s stock worth $258,000 after buying an additional 102 shares in the last quarter. City Center Advisors LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 8.2% in the third quarter. City Center Advisors LLC now owns 1,357 shares of the company’s stock worth $206,000 after buying an additional 103 shares in the last quarter. Denver PWM LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 0.6% in the third quarter. Denver PWM LLC now owns 16,839 shares of the company’s stock worth $2,552,000 after buying an additional 106 shares in the last quarter. Finally, Stewardship Advisors LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 8.3% in the third quarter. Stewardship Advisors LLC now owns 1,639 shares of the company’s stock worth $248,000 after buying an additional 126 shares in the last quarter.
Invesco S&P 500 Momentum ETF Stock Performance
NYSEARCA:SPMO opened at $133.16 on Wednesday. The firm has a market capitalization of $20.88 billion, a price-to-earnings ratio of 29.51 and a beta of 1.12. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The stock has a fifty day moving average of $146.77 and a 200 day moving average of $137.97.
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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