Sharkey Howes & Javer bought a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,556 shares of the company’s stock, valued at approximately $3,419,000.
A number of other large investors have also recently added to or reduced their stakes in the business. Brookstone Capital Management purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $2,475,000. Seros Financial LLC increased its stake in Invesco S&P 500 Momentum ETF by 0.7% in the 3rd quarter. Seros Financial LLC now owns 179,169 shares of the company’s stock valued at $27,158,000 after buying an additional 1,226 shares during the period. Root Financial Partners LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth $138,000. Mid American Wealth Advisory Group Inc. raised its stake in shares of Invesco S&P 500 Momentum ETF by 23.0% during the 3rd quarter. Mid American Wealth Advisory Group Inc. now owns 9,886 shares of the company’s stock worth $1,499,000 after purchasing an additional 1,848 shares in the last quarter. Finally, Smith Shellnut Wilson LLC ADV bought a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at $1,924,000.
Invesco S&P 500 Momentum ETF Price Performance
Shares of NYSEARCA:SPMO opened at $138.82 on Friday. The business has a 50-day moving average of $148.56 and a two-hundred day moving average of $145.98. Invesco S&P 500 Momentum ETF has a fifty-two week low of $107.24 and a fifty-two week high of $162.30. The stock has a market capitalization of $21.48 billion, a P/E ratio of 29.51 and a beta of 1.10.
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.
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