TSA Wealth Managment LLC Purchases 3,966 Shares of Invesco S&P 500 Momentum ETF $SPMO

TSA Wealth Managment LLC increased its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,789 shares of the company’s stock after purchasing an additional 3,966 shares during the quarter. Invesco S&P 500 Momentum ETF makes up 1.8% of TSA Wealth Managment LLC’s portfolio, making the stock its 18th biggest position. TSA Wealth Managment LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $5,582,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Triton Wealth Management PLLC lifted its position in Invesco S&P 500 Momentum ETF by 13.5% during the 1st quarter. Triton Wealth Management PLLC now owns 274,253 shares of the company’s stock valued at $31,565,000 after purchasing an additional 32,636 shares during the period. Simplicity Wealth LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 82.0% during the 1st quarter. Simplicity Wealth LLC now owns 6,958 shares of the company’s stock worth $780,000 after buying an additional 3,134 shares during the period. Elevated Capital Advisors LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 110.4% during the first quarter. Elevated Capital Advisors LLC now owns 587 shares of the company’s stock worth $66,000 after buying an additional 308 shares during the last quarter. Mason & Associates Inc lifted its holdings in Invesco S&P 500 Momentum ETF by 2.1% in the first quarter. Mason & Associates Inc now owns 122,126 shares of the company’s stock valued at $13,170,000 after buying an additional 2,525 shares during the period. Finally, Financial Freedom LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 52.8% in the first quarter. Financial Freedom LLC now owns 2,985 shares of the company’s stock valued at $335,000 after buying an additional 1,031 shares during the period.

Invesco S&P 500 Momentum ETF Stock Up 0.4%

SPMO stock traded up $0.67 during midday trading on Friday, reaching $153.75. The company’s stock had a trading volume of 1,625,099 shares, compared to its average volume of 1,929,442. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The stock has a market cap of $21.79 billion, a PE ratio of 29.51 and a beta of 1.09. The business’s 50-day simple moving average is $149.87 and its 200-day simple moving average is $130.35.

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.