Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 2,683.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 250,000 shares of the company’s stock after purchasing an additional 241,017 shares during the period. International Assets Investment Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $37,895,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SPMO. Vantagepoint Investment Advisers LLC bought a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $353,565,000. Envestnet Asset Management Inc. raised its position in shares of Invesco S&P 500 Momentum ETF by 9.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock worth $238,973,000 after acquiring an additional 128,087 shares during the last quarter. Planning Alternatives Ltd. ADV raised its position in shares of Invesco S&P 500 Momentum ETF by 22.9% during the first quarter. Planning Alternatives Ltd. ADV now owns 744,409 shares of the company’s stock worth $83,456,000 after acquiring an additional 138,915 shares during the last quarter. Redwood Investment Management LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 5.3% during the first quarter. Redwood Investment Management LLC now owns 656,268 shares of the company’s stock worth $73,574,000 after acquiring an additional 33,157 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 6.8% during the first quarter. Private Advisor Group LLC now owns 562,480 shares of the company’s stock valued at $63,060,000 after acquiring an additional 35,630 shares during the period.

Invesco S&P 500 Momentum ETF Stock Down 4.3%

Shares of SPMO opened at $136.27 on Friday. The stock’s fifty day simple moving average is $147.35 and its 200-day simple moving average is $137.83. The firm has a market capitalization of $21.21 billion, a PE ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 12-month low of $107.24 and a 12-month high of $162.30.

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.