Well Done LLC Takes Position in Invesco S&P 500 Momentum ETF $SPMO

Well Done LLC purchased a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,508 shares of the company’s stock, valued at approximately $546,000.

Several other large investors also recently added to or reduced their stakes in the stock. Schroder Investment Management Group bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter valued at approximately $26,000. Blue Trust Inc. purchased a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at $31,000. GHP Investment Advisors Inc. lifted its position 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 worth $30,000 after buying an additional 132 shares during the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in Invesco S&P 500 Momentum ETF during the second quarter worth $31,000. Finally, Rossby Financial LCC boosted its stake in 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 buying an additional 214 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 1.0%

Shares of SPMO opened at $118.91 on Thursday. The company’s fifty day simple moving average is $119.28 and its 200-day simple moving average is $118.23. The company has a market cap of $13.65 billion, a P/E ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $124.56.

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.