Leavell Investment Management Inc. Acquires 7,769 Shares of Invesco S&P 500 Momentum ETF $SPMO

Leavell Investment Management Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 44.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,169 shares of the company’s stock after buying an additional 7,769 shares during the quarter. Leavell Investment Management Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $3,047,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SPMO. Capstone Wealth Management Group LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 129.4% during the 1st quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after acquiring an additional 65,515 shares during the period. Goldman Sachs Group Inc. bought a new stake in Invesco S&P 500 Momentum ETF during the first quarter valued at about $18,900,000. Jane Street Group LLC increased its position in Invesco S&P 500 Momentum ETF by 346.5% in the first quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock worth $3,737,000 after buying an additional 31,344 shares in the last quarter. Signal Advisors Wealth LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the second quarter worth about $535,000. Finally, Wedmont Private Capital raised its stake in shares of Invesco S&P 500 Momentum ETF by 30.6% in the second quarter. Wedmont Private Capital now owns 9,332 shares of the company’s stock worth $1,046,000 after buying an additional 2,189 shares during the period.

Invesco S&P 500 Momentum ETF Trading Up 0.2%

Shares of NYSEARCA:SPMO opened at $120.00 on Friday. The stock has a 50 day moving average of $119.34 and a 200 day moving average of $118.34. The company has a market cap of $13.70 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.