Envision Financial Transparency LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 14,255 shares of the company’s stock, valued at approximately $1,598,000. Invesco S&P 500 Momentum ETF comprises about 1.6% of Envision Financial Transparency LLC’s investment portfolio, making the stock its 14th biggest position.
Several other large investors also recently made changes to their positions in the stock. Elevated Capital Advisors LLC bought a new stake in Invesco S&P 500 Momentum ETF during the fourth quarter worth $33,000. Blue Trust Inc. raised its stake in Invesco S&P 500 Momentum ETF by 35.8% in the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after buying an additional 93 shares during the period. Dogwood Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $44,000. Networth Advisors LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $48,000. Finally, Team Financial Group LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 58.4% during the 1st quarter. Team Financial Group LLC now owns 469 shares of the company’s stock worth $53,000 after acquiring an additional 173 shares during the period.
Invesco S&P 500 Momentum ETF Trading Up 0.2%
SPMO stock opened at $150.07 on Thursday. Invesco S&P 500 Momentum ETF has a 1-year low of $107.24 and a 1-year high of $162.30. The business’s 50 day simple moving average is $150.93 and its 200 day simple moving average is $131.97. The firm has a market capitalization of $21.60 billion, a PE ratio of 29.51 and a beta of 1.09.
About Invesco S&P 500 Momentum ETF
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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