CreativeOne Wealth LLC lowered its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 3.6% in the third quarter, HoldingsChannel.com reports. The firm owned 120,346 shares of the company’s stock after selling 4,459 shares during the period. CreativeOne Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $14,569,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in SPMO. Schroder Investment Management Group purchased a new stake in Invesco S&P 500 Momentum ETF in the second quarter valued at approximately $26,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at $27,000. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter valued at $31,000. Blue Trust Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $31,000. Finally, Dunhill Financial LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $33,000.
Invesco S&P 500 Momentum ETF Trading Down 1.2%
SPMO opened at $118.24 on Friday. The stock’s 50-day moving average price is $119.39 and its 200 day moving average price is $119.47. Invesco S&P 500 Momentum ETF has a 12-month low of $78.25 and a 12-month high of $124.56. The firm has a market cap of $13.42 billion, a price-to-earnings 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.
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