Invesco S&P 500 Momentum ETF $SPMO Stock Holdings Raised by SMART Wealth LLC

SMART Wealth LLC increased its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1,733.8% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 45,954 shares of the company’s stock after acquiring an additional 43,448 shares during the period. Invesco S&P 500 Momentum ETF makes up approximately 1.6% of SMART Wealth LLC’s holdings, making the stock its 9th largest holding. SMART Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $7,423,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Valued Retirements Inc. grew its position in Invesco S&P 500 Momentum ETF by 6.6% in the second quarter. Valued Retirements Inc. now owns 5,221 shares of the company’s stock valued at $843,000 after acquiring an additional 324 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its position in shares of Invesco S&P 500 Momentum ETF by 219.6% during the second quarter. Legacy Wealth Managment LLC ID now owns 2,490 shares of the company’s stock worth $402,000 after purchasing an additional 1,711 shares in the last quarter. NWF Advisory Services Inc. purchased a new position in shares of Invesco S&P 500 Momentum ETF in the second quarter valued at $247,000. TD Waterhouse Canada Inc. boosted its stake in shares of Invesco S&P 500 Momentum ETF by 17.6% in the second quarter. TD Waterhouse Canada Inc. now owns 42,322 shares of the company’s stock valued at $6,572,000 after purchasing an additional 6,336 shares during the period. Finally, Lowery Thomas LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the 2nd quarter valued at $310,000.

Invesco S&P 500 Momentum ETF Trading Up 0.7%

SPMO opened at $147.41 on Friday. Invesco S&P 500 Momentum ETF has a twelve month low of $107.24 and a twelve month high of $162.30. The firm has a market cap of $21.59 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. The company has a fifty day simple moving average of $149.14 and a 200 day simple moving average of $138.17.

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.