Perigon Wealth Management LLC Boosts Holdings in Invesco S&P 500 Momentum ETF $SPMO

Perigon Wealth Management LLC raised its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 27.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 106,328 shares of the company’s stock after acquiring an additional 23,160 shares during the period. Perigon Wealth Management LLC owned approximately 0.10% of Invesco S&P 500 Momentum ETF worth $12,872,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in SPMO. Schroder Investment Management Group acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth $26,000. Blue Trust Inc. purchased a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at about $31,000. GHP Investment Advisors Inc. raised its stake in Invesco S&P 500 Momentum ETF by 99.2% in the second quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock valued at $30,000 after buying an additional 132 shares during the last quarter. Mark Sheptoff Financial Planning LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the second quarter worth about $31,000. Finally, Rossby Financial LCC grew its stake in shares of Invesco S&P 500 Momentum ETF by 237.8% during the second quarter. Rossby Financial LCC now owns 304 shares of the company’s stock worth $34,000 after acquiring an additional 214 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 0.1%

SPMO opened at $121.38 on Friday. The company has a market cap of $13.26 billion, a P/E ratio of 29.51 and a beta of 0.98. The firm’s 50-day moving average price is $119.66 and its 200-day moving average price is $117.17. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $124.56.

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.