Venture Visionary Partners LLC purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 115,414 shares of the company’s stock, valued at approximately $13,972,000. Venture Visionary Partners LLC owned approximately 0.11% of Invesco S&P 500 Momentum ETF at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in SPMO. Stephens Inc. AR grew its stake in shares of Invesco S&P 500 Momentum ETF by 2.1% in the 2nd quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock valued at $496,000 after buying an additional 89 shares during the period. Strait & Sound Wealth Management LLC raised its stake in Invesco S&P 500 Momentum ETF by 0.7% during the 2nd quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock worth $1,614,000 after buying an additional 94 shares during the period. Fourth Dimension Wealth LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 33.3% in the second quarter. Fourth Dimension Wealth LLC now owns 400 shares of the company’s stock worth $45,000 after acquiring an additional 100 shares in the last quarter. Sutton Place Investors LLC grew its stake in Invesco S&P 500 Momentum ETF by 1.8% in the second quarter. Sutton Place Investors LLC now owns 6,015 shares of the company’s stock valued at $677,000 after acquiring an additional 109 shares during the period. Finally, Centaurus Financial Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 9.1% during the second quarter. Centaurus Financial Inc. now owns 1,301 shares of the company’s stock valued at $146,000 after acquiring an additional 109 shares in the last quarter.
Invesco S&P 500 Momentum ETF Stock Down 0.4%
Shares of NYSEARCA:SPMO opened at $118.68 on Tuesday. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $124.56. The stock’s 50 day moving average is $119.82 and its 200-day moving average is $116.40. The firm has a market capitalization of $12.97 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98.
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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