Tradewinds LLC. Acquires Shares of 6,480 Invesco S&P 500 Momentum ETF $SPMO

Tradewinds LLC. acquired a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 6,480 shares of the company’s stock, valued at approximately $729,000.

A number of other institutional investors have also recently bought and sold shares of SPMO. Envestnet Asset Management Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 35.8% during the second quarter. Envestnet Asset Management Inc. now owns 8,166,537 shares of the company’s stock worth $918,490,000 after buying an additional 2,151,980 shares during the last quarter. LPL Financial LLC increased its holdings in Invesco S&P 500 Momentum ETF by 64.3% during the first quarter. LPL Financial LLC now owns 3,579,241 shares of the company’s stock worth $331,187,000 after buying an additional 1,400,512 shares during the last quarter. Mainstay Capital Management LLC ADV grew its position in shares of Invesco S&P 500 Momentum ETF by 111.9% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 2,628,653 shares of the company’s stock valued at $295,645,000 after acquiring an additional 1,388,287 shares during the period. CWM LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 87.2% during the 2nd quarter. CWM LLC now owns 2,458,025 shares of the company’s stock valued at $276,454,000 after acquiring an additional 1,144,827 shares during the period. Finally, Clark Capital Management Group Inc. grew its position in shares of Invesco S&P 500 Momentum ETF by 35.4% during the 1st quarter. Clark Capital Management Group Inc. now owns 1,683,208 shares of the company’s stock valued at $155,747,000 after acquiring an additional 440,005 shares during the period.

Invesco S&P 500 Momentum ETF Stock Down 0.0%

Invesco S&P 500 Momentum ETF stock opened at $121.65 on Tuesday. The firm has a 50 day moving average price of $120.15 and a 200-day moving average price of $112.16. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $124.56. The company has a market capitalization of $13.27 billion, a P/E ratio of 29.51 and a beta of 0.98.

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.