JPMorgan Chase & Co. Acquires 50,799 Shares of Invesco S&P 500 Momentum ETF $SPMO

JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 7.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 699,985 shares of the company’s stock after acquiring an additional 50,799 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco S&P 500 Momentum ETF were worth $84,740,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SPMO. Castleview Partners LLC boosted its stake in Invesco S&P 500 Momentum ETF by 3.2% in the third quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock valued at $331,000 after acquiring an additional 84 shares during the last quarter. Caliber Wealth Management LLC KS raised its position in shares of Invesco S&P 500 Momentum ETF by 4.9% during the 3rd quarter. Caliber Wealth Management LLC KS now owns 1,945 shares of the company’s stock valued at $235,000 after acquiring an additional 90 shares during the last quarter. LexAurum Advisors LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 4.3% in the 3rd quarter. LexAurum Advisors LLC now owns 2,225 shares of the company’s stock valued at $269,000 after purchasing an additional 92 shares during the period. GK Wealth Management LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 4.1% in the 3rd quarter. GK Wealth Management LLC now owns 2,497 shares of the company’s stock worth $302,000 after purchasing an additional 99 shares during the last quarter. Finally, Fourth Dimension Wealth LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 25.0% during the third quarter. Fourth Dimension Wealth LLC now owns 500 shares of the company’s stock worth $61,000 after purchasing an additional 100 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 1.1%

NYSEARCA SPMO opened at $116.06 on Thursday. The stock has a 50-day simple moving average of $119.00 and a 200 day simple moving average of $119.53. The company has a market capitalization of $13.18 billion, a PE ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 12 month low of $78.25 and a 12 month high of $124.56.

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.