Invesco S&P 500 Momentum ETF $SPMO Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 75.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 54,942 shares of the company’s stock after acquiring an additional 23,638 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $6,651,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cullen Frost Bankers Inc. acquired a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $27,000. Schroder Investment Management Group purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter valued at approximately $26,000. Blue Trust Inc. acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $31,000. GHP Investment Advisors Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF by 99.2% during the 2nd quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock worth $30,000 after purchasing an additional 132 shares during the last quarter. Finally, Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter worth $31,000.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA:SPMO opened at $118.86 on Wednesday. The firm has a market capitalization of $13.50 billion, a PE ratio of 29.51 and a beta of 0.98. The business’s fifty day moving average price is $119.52 and its 200 day moving average price is $119.25. Invesco S&P 500 Momentum ETF has a 12 month low of $78.25 and a 12 month high of $124.56.

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.