SteelPeak Wealth LLC Buys 5,067 Shares of Invesco S&P 500 Momentum ETF $SPMO

SteelPeak Wealth LLC lifted its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 20.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 29,322 shares of the company’s stock after buying an additional 5,067 shares during the period. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $3,499,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of SPMO. Castleview Partners LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 3.2% during the 3rd quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock worth $331,000 after acquiring an additional 84 shares during the last quarter. Lantern Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 3.5% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 2,634 shares of the company’s stock valued at $319,000 after purchasing an additional 88 shares during the last quarter. Caliber Wealth Management LLC KS lifted its holdings in Invesco S&P 500 Momentum ETF by 4.9% during the 3rd quarter. Caliber Wealth Management LLC KS now owns 1,945 shares of the company’s stock valued at $235,000 after purchasing an additional 90 shares during the last quarter. LexAurum Advisors LLC boosted its position in Invesco S&P 500 Momentum ETF by 4.3% during the third quarter. LexAurum Advisors LLC now owns 2,225 shares of the company’s stock worth $269,000 after purchasing an additional 92 shares during the period. Finally, GK Wealth Management LLC boosted its position in Invesco S&P 500 Momentum ETF by 4.1% during the third quarter. GK Wealth Management LLC now owns 2,497 shares of the company’s stock worth $302,000 after purchasing an additional 99 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA:SPMO opened at $114.74 on Friday. The company has a market cap of $13.03 billion, a P/E ratio of 29.51 and a beta of 0.98. The firm’s fifty day moving average price is $117.62 and its two-hundred day moving average price is $119.12. Invesco S&P 500 Momentum ETF has a one year low of $78.25 and a one year 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.