Leavell Investment Management Inc. Purchases 7,769 Shares of Invesco S&P 500 Momentum ETF $SPMO

Leavell Investment Management Inc. raised its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 44.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,169 shares of the company’s stock after acquiring an additional 7,769 shares during the quarter. Leavell Investment Management Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $3,047,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Schroder Investment Management Group purchased a new position in Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $26,000. Blue Trust Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $31,000. GHP Investment Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 99.2% in the second quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock worth $30,000 after buying an additional 132 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the second quarter worth $31,000. Finally, Rossby Financial LCC grew its stake in Invesco S&P 500 Momentum ETF by 237.8% during the second quarter. Rossby Financial LCC now owns 304 shares of the company’s stock valued at $34,000 after acquiring an additional 214 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA SPMO opened at $120.00 on Friday. The company has a market cap of $13.70 billion, a P/E ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $124.56. The firm’s fifty day moving average is $119.34 and its two-hundred day moving average is $118.34.

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.