586 Shares in Invesco S&P 500 Momentum ETF $SPMO Acquired by Legacy Investment Solutions LLC

Legacy Investment Solutions LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 586 shares of the company’s stock, valued at approximately $66,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Envestnet Asset Management Inc. raised its stake in Invesco S&P 500 Momentum ETF by 35.8% during the second quarter. Envestnet Asset Management Inc. now owns 8,166,537 shares of the company’s stock worth $918,490,000 after acquiring an additional 2,151,980 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 64.3% during the 1st quarter. LPL Financial LLC now owns 3,579,241 shares of the company’s stock valued at $331,187,000 after acquiring an additional 1,400,512 shares in the last quarter. Mainstay Capital Management LLC ADV increased its holdings in Invesco S&P 500 Momentum ETF by 111.9% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 2,628,653 shares of the company’s stock worth $295,645,000 after purchasing an additional 1,388,287 shares in the last quarter. CWM LLC raised its position in Invesco S&P 500 Momentum ETF by 87.2% in the second quarter. CWM LLC now owns 2,458,025 shares of the company’s stock valued at $276,454,000 after purchasing an additional 1,144,827 shares during the last quarter. Finally, Clark Capital Management Group Inc. boosted its stake in shares of Invesco S&P 500 Momentum ETF by 35.4% during the first quarter. Clark Capital Management Group Inc. now owns 1,683,208 shares of the company’s stock valued at $155,747,000 after purchasing an additional 440,005 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA SPMO opened at $118.53 on Friday. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $124.56. The firm has a market cap of $12.95 billion, a PE ratio of 29.51 and a beta of 0.98. The company has a 50 day simple moving average of $120.29 and a 200 day simple moving average of $112.70.

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.