Invesco S&P 500 Momentum ETF $SPMO Shares Sold by TSA Wealth Managment LLC

TSA Wealth Managment LLC lowered its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 76.1% during the third quarter, HoldingsChannel reports. The firm owned 9,547 shares of the company’s stock after selling 30,417 shares during the quarter. TSA Wealth Managment LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,447,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Denver PWM LLC increased its stake in Invesco S&P 500 Momentum ETF by 0.6% during the 3rd quarter. Denver PWM LLC now owns 16,839 shares of the company’s stock worth $2,552,000 after purchasing an additional 106 shares in the last quarter. Monetary Solutions Ltd acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $41,000. Sharkey Howes & Javer bought a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth $3,419,000. Brookstone Capital Management bought a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth $2,475,000. Finally, Seros Financial LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 0.7% during the third quarter. Seros Financial LLC now owns 179,169 shares of the company’s stock worth $27,158,000 after acquiring an additional 1,226 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 0.1%

Shares of NYSEARCA:SPMO traded down $0.16 during midday trading on Friday, reaching $138.66. 2,009,242 shares of the company were exchanged, compared to its average volume of 1,947,640. The firm has a market cap of $21.46 billion, a PE ratio of 29.51 and a beta of 1.10. 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 fifty day simple moving average of $148.27 and a two-hundred day simple moving average of $145.93.

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.