One Wealth Advisors LLC Buys 795 Shares of Invesco S&P 500 Momentum ETF $SPMO

One Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,958 shares of the company’s stock after acquiring an additional 795 shares during the quarter. One Wealth Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $5,731,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Fourth Dimension Wealth LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter valued at approximately $28,000. WealthShield Partners LLC grew its holdings in Invesco S&P 500 Momentum ETF by 51.2% during the first quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock valued at $28,000 after purchasing an additional 104 shares during the last quarter. ORG Wealth Partners LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the first quarter valued at approximately $40,000. Sound Income Strategies LLC lifted 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 worth $49,000 after buying an additional 502 shares during the last quarter. Finally, Continuum Advisory LLC lifted 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 worth $49,000 after buying an additional 154 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Up 0.1%

NYSEARCA:SPMO opened at $120.71 on Tuesday. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $122.30. The firm’s fifty day simple moving average is $117.51 and its 200 day simple moving average is $106.74. The firm has a market capitalization of $11.47 billion, a PE ratio of 29.51 and a beta of 0.89.

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.