Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by Lionsbridge Wealth Management LLC

Lionsbridge Wealth Management LLC increased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 47.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,084 shares of the company’s stock after buying an additional 11,948 shares during the period. Invesco S&P 500 Momentum ETF comprises approximately 4.4% of Lionsbridge Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Lionsbridge Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $4,489,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Albion Financial Group UT acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at about $140,000. Financial Partners Group Inc boosted its holdings in Invesco S&P 500 Momentum ETF by 8.6% in the third quarter. Financial Partners Group Inc now owns 70,077 shares of the company’s stock valued at $8,484,000 after purchasing an additional 5,568 shares during the last quarter. Trademark Financial Management LLC grew its stake in Invesco S&P 500 Momentum ETF by 991.1% during the 3rd quarter. Trademark Financial Management LLC now owns 34,772 shares of the company’s stock valued at $4,209,000 after purchasing an additional 31,585 shares in the last quarter. Henrickson Nauta Wealth Advisors Inc. acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at approximately $553,000. Finally, Perigon Wealth Management LLC increased its holdings in Invesco S&P 500 Momentum ETF by 27.8% during the 3rd quarter. Perigon Wealth Management LLC now owns 106,328 shares of the company’s stock worth $12,872,000 after purchasing an additional 23,160 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.6%

Invesco S&P 500 Momentum ETF stock opened at $120.63 on Tuesday. Invesco S&P 500 Momentum ETF has a 52 week low of $78.25 and a 52 week high of $124.56. The stock has a market cap of $13.18 billion, a P/E ratio of 29.51 and a beta of 0.98. The stock has a 50 day moving average of $119.65 and a 200-day moving average of $117.33.

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.