Focus Partners Advisor Solutions LLC Raises Holdings in Invesco S&P 500 Momentum ETF $SPMO

Focus Partners Advisor Solutions LLC increased its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 65.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,076 shares of the company’s stock after acquiring an additional 11,111 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $3,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Castleview Partners LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 3.2% during the third quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock valued at $331,000 after purchasing an additional 84 shares during the period. Caliber Wealth Management LLC KS boosted its position in Invesco S&P 500 Momentum ETF by 4.9% during the 3rd quarter. Caliber Wealth Management LLC KS now owns 1,945 shares of the company’s stock valued at $235,000 after buying an additional 90 shares during the period. LexAurum Advisors LLC grew its holdings in Invesco S&P 500 Momentum ETF by 4.3% in the 3rd quarter. LexAurum Advisors LLC now owns 2,225 shares of the company’s stock worth $269,000 after acquiring an additional 92 shares during the last quarter. GK Wealth Management LLC grew its holdings in Invesco S&P 500 Momentum ETF by 4.1% in the 3rd quarter. GK Wealth Management LLC now owns 2,497 shares of the company’s stock worth $302,000 after acquiring an additional 99 shares during the last quarter. Finally, Fourth Dimension Wealth LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 33.3% in the second quarter. Fourth Dimension Wealth LLC now owns 400 shares of the company’s stock valued at $45,000 after acquiring an additional 100 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 0.7%

Shares of NYSEARCA:SPMO opened at $119.22 on Wednesday. The company has a 50-day moving average price of $119.52 and a 200-day moving average price of $119.43. The company has a market cap of $13.54 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 12 month low of $78.25 and a 12 month high of $124.56.

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.