EverSource Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 889.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,095 shares of the company’s stock after acquiring an additional 8,176 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,020,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Elevated Capital Advisors LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $33,000. Blue Trust Inc. lifted its position in Invesco S&P 500 Momentum ETF by 35.8% during the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after purchasing an additional 93 shares during the last quarter. Dogwood Wealth Management LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 4th quarter worth approximately $44,000. Networth Advisors LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 1st quarter worth approximately $48,000. Finally, Team Financial Group LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 58.4% in the 1st quarter. Team Financial Group LLC now owns 469 shares of the company’s stock worth $53,000 after buying an additional 173 shares during the last quarter.
Invesco S&P 500 Momentum ETF Stock Performance
NYSEARCA SPMO opened at $143.83 on Friday. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The company has a fifty day moving average of $150.92 and a 200-day moving average of $133.05. The company has a market capitalization of $20.86 billion, a P/E ratio of 29.51 and a beta of 1.09.
Invesco S&P 500 Momentum ETF Company 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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