Invesco S&P 500 Momentum ETF $SPMO Shares Sold by Maia Wealth LLC

Maia Wealth LLC decreased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 45.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,262 shares of the company’s stock after selling 13,403 shares during the period. Maia Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,465,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SPMO. Lifelong Wealth Advisors Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF by 1.1% in the third quarter. Lifelong Wealth Advisors Inc. now owns 26,994 shares of the company’s stock valued at $4,092,000 after acquiring an additional 301 shares during the period. LexAurum Advisors LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 3.9% in the third quarter. LexAurum Advisors LLC now owns 15,535 shares of the company’s stock valued at $2,355,000 after acquiring an additional 583 shares in the last quarter. Quantum Financial Partners LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 29.9% in the third quarter. Quantum Financial Partners LLC now owns 3,150 shares of the company’s stock valued at $477,000 after acquiring an additional 725 shares in the last quarter. SteelPeak Wealth LLC increased its position in Invesco S&P 500 Momentum ETF by 6.1% during the third quarter. SteelPeak Wealth LLC now owns 39,397 shares of the company’s stock worth $5,972,000 after acquiring an additional 2,263 shares during the period. Finally, IFP Advisors Inc increased its position in Invesco S&P 500 Momentum ETF by 14.2% during the third quarter. IFP Advisors Inc now owns 10,684 shares of the company’s stock worth $1,619,000 after acquiring an additional 1,332 shares during the period.

Invesco S&P 500 Momentum ETF Stock Up 0.8%

Shares of Invesco S&P 500 Momentum ETF stock opened at $141.99 on Tuesday. Invesco S&P 500 Momentum ETF has a twelve month low of $107.24 and a twelve month high of $162.30. The company has a 50-day simple moving average of $149.13 and a two-hundred day simple moving average of $145.42. The stock has a market capitalization of $21.89 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10.

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.