TSA Wealth Managment LLC Has $5.58 Million Stake in Invesco S&P 500 Momentum ETF $SPMO

TSA Wealth Managment LLC grew its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,789 shares of the company’s stock after buying an additional 3,966 shares during the period. Invesco S&P 500 Momentum ETF makes up 1.8% of TSA Wealth Managment LLC’s portfolio, making the stock its 18th biggest position. TSA Wealth Managment LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $5,582,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Capstone Wealth Management Group LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 129.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after acquiring an additional 65,515 shares during the period. Goldman Sachs Group Inc. acquired a new position in Invesco S&P 500 Momentum ETF during the first quarter valued at approximately $18,900,000. Jane Street Group LLC grew its holdings in Invesco S&P 500 Momentum ETF by 346.5% during the first 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 period. Invesco Ltd. grew its holdings in Invesco S&P 500 Momentum ETF by 43.9% during the second quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock valued at $8,559,000 after purchasing an additional 23,223 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Invesco S&P 500 Momentum ETF by 11.7% in the second quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock valued at $5,595,000 after purchasing an additional 5,209 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

SPMO traded up $0.67 during mid-day trading on Friday, hitting $153.75. The stock had a trading volume of 1,625,099 shares, compared to its average volume of 1,929,442. The stock’s fifty day simple moving average is $149.87 and its 200-day simple moving average is $130.35. The firm has a market capitalization of $21.79 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 1-year low of $107.24 and a 1-year high of $162.30.

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.