10,240 Invesco S&P 500 Momentum ETF $SPMO Shares Sold by XY Planning Network Inc.

XY Planning Network Inc. lessened its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 87.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,429 shares of the company’s stock after selling 10,240 shares during the quarter. XY Planning Network Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $217,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SPMO. Envestnet Asset Management Inc. increased its position in Invesco S&P 500 Momentum ETF by 9.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock valued at $238,973,000 after purchasing an additional 128,087 shares during the period. Lunt Capital Management Inc. bought a new position in Invesco S&P 500 Momentum ETF during the 2nd quarter worth approximately $3,224,000. Schuylkill Financial LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $1,513,000. First Heartland Consultants Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $7,060,000. Finally, Concorde Asset Management LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 12.2% in the 2nd quarter. Concorde Asset Management LLC now owns 59,745 shares of the company’s stock worth $9,651,000 after purchasing an additional 6,473 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $144.18 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 firm’s fifty day moving average is $149.44 and its 200-day moving average is $144.98. The firm has a market cap of $22.23 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.