28,464 Shares in Invesco S&P 500 Momentum ETF $SPMO Bought by OneAscent Financial Services LLC

OneAscent Financial Services LLC bought a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 28,464 shares of the company’s stock, valued at approximately $3,446,000.

A number of other hedge funds have also made changes to their positions in SPMO. Cullen Frost Bankers Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $27,000. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $317,167,000. Sagespring Wealth Partners LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 12.4% in the third quarter. Sagespring Wealth Partners LLC now owns 30,601 shares of the company’s stock valued at $3,705,000 after purchasing an additional 3,381 shares in the last quarter. BAM Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $228,000. Finally, PFG Investments LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $332,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $117.92 on Monday. The business has a 50 day moving average price of $119.21 and a 200 day moving average price of $118.61. The company has a market capitalization of $13.40 billion, a P/E ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $124.56.

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.