Kestra Advisory Services LLC boosted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 15.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,069 shares of the company’s stock after buying an additional 5,325 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $4,492,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. Dynamic Advisor Solutions LLC increased 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 purchasing an additional 57,149 shares during the period. IFP Advisors Inc lifted its stake in shares of Invesco S&P 500 Momentum ETF by 98.0% in the third quarter. IFP Advisors Inc now owns 10,833 shares of the company’s stock valued at $1,311,000 after buying an additional 5,361 shares during the period. CIBC Private Wealth Group LLC grew its position in Invesco S&P 500 Momentum ETF by 7,363.6% during the third 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. Able Wealth Management LLC grew its position in Invesco S&P 500 Momentum ETF by 13.0% during the fourth quarter. Able Wealth Management LLC now owns 120,379 shares of the company’s stock worth $14,364,000 after buying an additional 13,883 shares in the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC grew its position in Invesco S&P 500 Momentum ETF by 1,035.6% during the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 19,646 shares of the company’s stock worth $2,344,000 after buying an additional 17,916 shares in the last quarter.
Invesco S&P 500 Momentum ETF Stock Down 3.1%
Shares of SPMO opened at $145.28 on Friday. The stock’s 50-day moving average price is $150.77 and its 200 day moving average price is $131.21. The firm has a market capitalization of $20.80 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 12-month low of $107.24 and a 12-month high of $162.30.
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.
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