Integrated Wealth Concepts LLC Acquires 67,068 Shares of Invesco S&P 500 Momentum ETF $SPMO

Integrated Wealth Concepts LLC grew its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 96.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 136,683 shares of the company’s stock after buying an additional 67,068 shares during the quarter. Integrated Wealth Concepts LLC owned approximately 0.09% of Invesco S&P 500 Momentum ETF worth $22,080,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in SPMO. Coppell Advisory Solutions LLC acquired a new position in Invesco S&P 500 Momentum ETF during the 2nd quarter worth about $26,000. Blue Trust Inc. increased its position in 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 valued at $40,000 after acquiring an additional 93 shares in the last quarter. Montgomery Financial Services LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 2nd quarter valued at about $46,000. Networth Advisors LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the first quarter worth about $48,000. Finally, Wellington Grp LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 43.6% in the first quarter. Wellington Grp LLC now owns 458 shares of the company’s stock worth $51,000 after acquiring an additional 139 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.1%

Shares of SPMO stock opened at $150.30 on Thursday. Invesco S&P 500 Momentum ETF has a 1 year low of $107.24 and a 1 year high of $162.30. The firm’s 50 day moving average is $148.55 and its 200-day moving average is $139.05. The firm has a market capitalization of $22.01 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10.

Invesco S&P 500 Momentum ETF 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.