Perfromance Wealth Partners LLC Takes $24.23 Million Position in Invesco S&P 500 Momentum ETF $SPMO

Perfromance Wealth Partners LLC purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 215,419 shares of the company’s stock, valued at approximately $24,228,000. Invesco S&P 500 Momentum ETF makes up 0.8% of Perfromance Wealth Partners LLC’s holdings, making the stock its 17th largest position. Perfromance Wealth Partners LLC owned 0.23% of Invesco S&P 500 Momentum ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. WealthShield Partners LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 51.2% in the first quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock valued at $28,000 after buying an additional 104 shares in the last quarter. Sutton Place Investors LLC raised its position in Invesco S&P 500 Momentum ETF by 1.8% during the second quarter. Sutton Place Investors LLC now owns 6,015 shares of the company’s stock valued at $677,000 after purchasing an additional 109 shares in the last quarter. Investor s Fiduciary Advisor Network LLC raised its position in Invesco S&P 500 Momentum ETF by 2.3% during the first quarter. Investor s Fiduciary Advisor Network LLC now owns 4,983 shares of the company’s stock valued at $461,000 after purchasing an additional 111 shares in the last quarter. Firethorn Wealth Partners LLC raised its position in Invesco S&P 500 Momentum ETF by 1.2% during the second quarter. Firethorn Wealth Partners LLC now owns 9,556 shares of the company’s stock valued at $1,075,000 after purchasing an additional 116 shares in the last quarter. Finally, MSH Capital Advisors LLC raised its position in Invesco S&P 500 Momentum ETF by 3.8% during the second quarter. MSH Capital Advisors LLC now owns 3,320 shares of the company’s stock valued at $373,000 after purchasing an additional 121 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO opened at $121.17 on Tuesday. Invesco S&P 500 Momentum ETF has a one year low of $78.25 and a one year high of $122.53. The company has a market cap of $13.21 billion, a P/E ratio of 29.51 and a beta of 0.89. The firm has a 50 day simple moving average of $118.71 and a two-hundred day simple moving average of $108.56.

About Invesco S&P 500 Momentum ETF

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.