Tactive Advisors LLC Makes New Investment in Invesco S&P 500 Value with Momentum ETF $SPVM

Tactive Advisors LLC purchased a new position in shares of Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 90,263 shares of the company’s stock, valued at approximately $6,219,000. Invesco S&P 500 Value with Momentum ETF makes up 1.8% of Tactive Advisors LLC’s holdings, making the stock its 12th largest holding. Tactive Advisors LLC owned about 5.47% of Invesco S&P 500 Value with Momentum ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Larson Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Value with Momentum ETF during the 4th quarter valued at $37,000. Abound Financial LLC acquired a new position in Invesco S&P 500 Value with Momentum ETF in the 4th quarter worth about $38,000. Kestra Advisory Services LLC acquired a new position in Invesco S&P 500 Value with Momentum ETF in the 4th quarter worth about $75,000. Ameriprise Financial Inc. bought a new position in Invesco S&P 500 Value with Momentum ETF in the second quarter valued at about $206,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in Invesco S&P 500 Value with Momentum ETF in the fourth quarter valued at about $210,000.

Invesco S&P 500 Value with Momentum ETF Stock Performance

Shares of SPVM stock opened at $73.00 on Monday. The business’s 50-day moving average price is $71.86 and its 200-day moving average price is $70.34. Invesco S&P 500 Value with Momentum ETF has a 12 month low of $57.50 and a 12 month high of $74.85. The firm has a market capitalization of $120.45 million, a price-to-earnings ratio of 13.46 and a beta of 0.78.

Invesco S&P 500 Value with Momentum ETF Profile

The Invesco S&P 500 Value with Momentum ETF (SPVM) is an exchange-traded fund that is based on the S&P 500 High Momentum Value index. The fund tracks an index of S&P 500 stocks selected by value and momentum and weighted by value. SPVM was launched on Jun 16, 2011 and is managed by Invesco.