Invesco S&P 500 Momentum ETF $SPMO Shares Newly Purchased by Entrust Financial LLC

Entrust Financial LLC bought a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 16,515 shares of the company’s stock, valued at approximately $2,503,000. Invesco S&P 500 Momentum ETF makes up approximately 1.2% of Entrust Financial LLC’s portfolio, making the stock its 20th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC grew its stake in Invesco S&P 500 Momentum ETF by 8.0% in the first quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock valued at $131,000 after purchasing an additional 87 shares in the last quarter. Eagle Strategies LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 6.4% during the 3rd quarter. Eagle Strategies LLC now owns 1,703 shares of the company’s stock worth $258,000 after purchasing an additional 102 shares in the last quarter. City Center Advisors LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 8.2% during the 3rd quarter. City Center Advisors LLC now owns 1,357 shares of the company’s stock worth $206,000 after purchasing an additional 103 shares in the last quarter. Denver PWM LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 0.6% in the 3rd quarter. Denver PWM LLC now owns 16,839 shares of the company’s stock valued at $2,552,000 after buying an additional 106 shares during the last quarter. Finally, Stewardship Advisors LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 8.3% in the 3rd quarter. Stewardship Advisors LLC now owns 1,639 shares of the company’s stock valued at $248,000 after buying an additional 126 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA SPMO opened at $124.41 on Monday. Invesco S&P 500 Momentum ETF has a 12 month low of $107.24 and a 12 month high of $162.30. The stock has a 50 day moving average of $145.48 and a 200-day moving average of $138.08. The company has a market cap of $19.55 billion, a PE ratio of 29.51 and a beta of 1.12.

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.