Kestra Investment Management LLC Acquires 5,025 Shares of Invesco S&P 500 Momentum ETF $SPMO

Kestra Investment Management LLC raised its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,946 shares of the company’s stock after purchasing an additional 5,025 shares during the quarter. Kestra Investment Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $3,573,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. CWM LLC raised its position in Invesco S&P 500 Momentum ETF by 14.1% in the 4th quarter. CWM LLC now owns 2,992,182 shares of the company’s stock valued at $357,027,000 after purchasing an additional 369,627 shares during the last quarter. Bank of America Corp DE raised its position in Invesco S&P 500 Momentum ETF by 15.5% in the 3rd quarter. Bank of America Corp DE now owns 2,785,766 shares of the company’s stock valued at $337,245,000 after purchasing an additional 374,417 shares during the last quarter. Raymond James Financial Inc. raised its position in Invesco S&P 500 Momentum ETF by 62.0% in the 3rd quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock valued at $162,342,000 after purchasing an additional 513,037 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P 500 Momentum ETF by 35.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,099,802 shares of the company’s stock valued at $133,142,000 after purchasing an additional 287,098 shares during the last quarter. Finally, Money Concepts Capital Corp raised its position in Invesco S&P 500 Momentum ETF by 1.8% in the 4th quarter. Money Concepts Capital Corp now owns 1,015,733 shares of the company’s stock valued at $121,197,000 after purchasing an additional 17,868 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO opened at $144.94 on Tuesday. The stock has a fifty day moving average price of $127.61 and a two-hundred day moving average price of $122.17. Invesco S&P 500 Momentum ETF has a 52-week low of $101.80 and a 52-week high of $147.87. The company has a market cap of $17.67 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09.

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.