Invesco S&P 500 Momentum ETF $SPMO Holdings Lifted by Centerpoint Advisory Group

Centerpoint Advisory Group lifted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 40.3% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 56,194 shares of the company’s stock after acquiring an additional 16,139 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for about 5.3% of Centerpoint Advisory Group’s holdings, making the stock its 2nd biggest holding. Centerpoint Advisory Group’s holdings in Invesco S&P 500 Momentum ETF were worth $6,803,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Castleview Partners LLC raised its position in Invesco S&P 500 Momentum ETF by 3.2% in the 3rd quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock worth $331,000 after purchasing an additional 84 shares during the period. Stephens Inc. AR grew its stake in shares of Invesco S&P 500 Momentum ETF by 2.1% during the second quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock valued at $496,000 after buying an additional 89 shares during the last quarter. Strait & Sound Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 0.7% in the second quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock worth $1,614,000 after buying an additional 94 shares during the period. Fourth Dimension Wealth LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 33.3% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 400 shares of the company’s stock valued at $45,000 after acquiring an additional 100 shares during the last quarter. Finally, Sutton Place Investors LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 1.8% in the 2nd quarter. Sutton Place Investors LLC now owns 6,015 shares of the company’s stock valued at $677,000 after acquiring an additional 109 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

SPMO opened at $119.87 on Friday. The stock’s 50 day simple moving average is $119.62 and its 200 day simple moving average is $118.77. The firm has a market cap of $13.63 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $124.56.

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.