Invesco S&P 500 Momentum ETF $SPMO Stake Boosted by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 63.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,370 shares of the company’s stock after buying an additional 29,938 shares during the quarter. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $11,728,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Vantagepoint Investment Advisers LLC bought a new stake in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $353,565,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $119,358,000. Commonwealth Equity Services LLC purchased a new position in Invesco S&P 500 Momentum ETF during the third quarter valued at $76,658,000. Tompkins Financial Corp bought a new stake in Invesco S&P 500 Momentum ETF during the third quarter worth about $36,990,000. Finally, International Assets Investment Management LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 2,683.0% during the third quarter. International Assets Investment Management LLC now owns 250,000 shares of the company’s stock valued at $37,895,000 after purchasing an additional 241,017 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 4.4%

Shares of SPMO opened at $129.89 on Tuesday. The stock has a market cap of $20.43 billion, a P/E ratio of 29.51 and a beta of 1.12. The business’s 50 day moving average price is $145.14 and its 200-day moving average price is $138.14. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30.

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.