Calton & Associates Inc. Grows Stock Position in Invesco S&P 500 Momentum ETF $SPMO

Calton & Associates Inc. boosted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 81.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,608 shares of the company’s stock after buying an additional 5,654 shares during the period. Calton & Associates Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,526,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SPMO. Capstone Wealth Management Group LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 129.4% in the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock worth $10,747,000 after acquiring an additional 65,515 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in Invesco S&P 500 Momentum ETF during the first quarter worth approximately $18,900,000. Jane Street Group LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 346.5% in the 1st quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after purchasing an additional 31,344 shares during the last quarter. Tradewinds Capital Management LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 342.5% during the 2nd quarter. Tradewinds Capital Management LLC now owns 354 shares of the company’s stock valued at $40,000 after buying an additional 274 shares during the period. Finally, Manchester Financial Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 95.7% during the 2nd quarter. Manchester Financial Inc. now owns 72,492 shares of the company’s stock worth $8,153,000 after buying an additional 35,450 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.0%

Shares of SPMO opened at $118.25 on Friday. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $124.56. The firm has a market capitalization of $13.43 billion, a P/E ratio of 29.51 and a beta of 0.98. The stock’s fifty day simple moving average is $119.61 and its 200 day simple moving average is $119.16.

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.