Envision Financial Transparency LLC Makes New $1.60 Million Investment in Invesco S&P 500 Momentum ETF $SPMO

Envision Financial Transparency LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,255 shares of the company’s stock, valued at approximately $1,598,000. Invesco S&P 500 Momentum ETF comprises 1.6% of Envision Financial Transparency LLC’s portfolio, making the stock its 14th largest holding.

Other institutional investors also recently made changes to their positions in the company. Able Wealth Management LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 13.0% in the fourth quarter. Able Wealth Management LLC now owns 120,379 shares of the company’s stock valued at $14,364,000 after acquiring an additional 13,883 shares during the period. Brookwood Investment Group LLC increased its position in Invesco S&P 500 Momentum ETF by 27.5% during the fourth quarter. Brookwood Investment Group LLC now owns 88,676 shares of the company’s stock worth $10,581,000 after acquiring an additional 19,103 shares during the period. Petra Financial Advisors Inc. raised its stake in Invesco S&P 500 Momentum ETF by 44.1% in the 4th quarter. Petra Financial Advisors Inc. now owns 18,251 shares of the company’s stock worth $2,178,000 after purchasing an additional 5,587 shares in the last quarter. Ascent Group LLC raised its stake in Invesco S&P 500 Momentum ETF by 68.4% in the 4th quarter. Ascent Group LLC now owns 252,643 shares of the company’s stock worth $30,145,000 after purchasing an additional 102,587 shares in the last quarter. Finally, Cypress Wealth Services LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 74.9% in the 4th quarter. Cypress Wealth Services LLC now owns 43,100 shares of the company’s stock valued at $5,143,000 after purchasing an additional 18,456 shares during the period.

Invesco S&P 500 Momentum ETF Stock Up 0.2%

Shares of NYSEARCA:SPMO opened at $150.07 on Thursday. The company’s 50 day moving average price is $150.93 and its two-hundred day moving average price is $131.97. Invesco S&P 500 Momentum ETF has a 12-month low of $107.24 and a 12-month high of $162.30. The firm has a market cap of $21.60 billion, a PE ratio of 29.51 and a beta of 1.09.

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.