Leavell Investment Management Inc. Has $1.96 Million Stake in Invesco S&P 500 Momentum ETF $SPMO

Leavell Investment Management Inc. increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 42.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,400 shares of the company’s stock after purchasing an additional 5,156 shares during the period. Leavell Investment Management Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,957,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Spire Wealth Management raised its stake in shares of Invesco S&P 500 Momentum ETF by 113.7% in the 1st quarter. Spire Wealth Management now owns 6,087 shares of the company’s stock valued at $563,000 after purchasing an additional 3,238 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Invesco S&P 500 Momentum ETF during the first quarter worth about $12,954,000. Surience Private Wealth LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 1st quarter valued at approximately $8,008,000. Colonial River Investments LLC raised its position in Invesco S&P 500 Momentum ETF by 81.2% in the 1st quarter. Colonial River Investments LLC now owns 52,460 shares of the company’s stock valued at $4,854,000 after buying an additional 23,509 shares during the last quarter. Finally, WJ Wealth Management LLC lifted its stake in Invesco S&P 500 Momentum ETF by 54.8% in the 1st quarter. WJ Wealth Management LLC now owns 88,679 shares of the company’s stock valued at $8,205,000 after acquiring an additional 31,407 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 1.1%

NYSEARCA:SPMO opened at $121.71 on Friday. The company has a market cap of $13.24 billion, a P/E ratio of 29.51 and a beta of 0.89. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $122.63. The business has a 50 day moving average price of $119.36 and a two-hundred day moving average price of $110.49.

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.