Planning Alternatives Ltd. ADV boosted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 22.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 744,409 shares of the company’s stock after acquiring an additional 138,915 shares during the period. Invesco S&P 500 Momentum ETF comprises about 10.8% of Planning Alternatives Ltd. ADV’s investment portfolio, making the stock its 3rd biggest holding. Planning Alternatives Ltd. ADV owned about 0.61% of Invesco S&P 500 Momentum ETF worth $83,456,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Elevated Capital Advisors LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the fourth quarter valued at approximately $33,000. Blue Trust Inc. lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 35.8% in the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after purchasing an additional 93 shares during the last quarter. Dogwood Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 4th quarter worth approximately $44,000. Networth Advisors LLC acquired a new position in Invesco S&P 500 Momentum ETF during the 1st quarter valued at approximately $48,000. Finally, Team Financial Group LLC boosted its position in Invesco S&P 500 Momentum ETF by 58.4% during the 1st quarter. Team Financial Group LLC now owns 469 shares of the company’s stock valued at $53,000 after purchasing an additional 173 shares during the period.
Invesco S&P 500 Momentum ETF Price Performance
Shares of SPMO opened at $143.89 on Monday. Invesco S&P 500 Momentum ETF has a 12 month low of $107.24 and a 12 month high of $162.30. The stock has a fifty day moving average price of $150.78 and a 200 day moving average price of $131.37. The company has a market cap of $20.67 billion, a P/E ratio of 29.51 and a beta of 1.09.
About Invesco S&P 500 Momentum ETF
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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