Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by VestGen Advisors LLC

VestGen Advisors LLC grew its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 7.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 55,017 shares of the company’s stock after purchasing an additional 3,997 shares during the quarter. VestGen Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $6,188,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Schroder Investment Management Group purchased a new stake in Invesco S&P 500 Momentum ETF during the 2nd quarter worth approximately $26,000. Virtue Capital Management LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 50.0% during the second quarter. Virtue Capital Management LLC now owns 5,538 shares of the company’s stock worth $623,000 after buying an additional 1,847 shares during the period. Level Four Advisory Services LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 753.5% during the second quarter. Level Four Advisory Services LLC now owns 48,769 shares of the company’s stock valued at $5,485,000 after buying an additional 43,055 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P 500 Momentum ETF by 53.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 812,704 shares of the company’s stock valued at $91,405,000 after buying an additional 281,601 shares during the last quarter. Finally, Hobbs Wealth Management LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 5.1% in the 2nd quarter. Hobbs Wealth Management LLC now owns 25,030 shares of the company’s stock valued at $2,815,000 after acquiring an additional 1,221 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO stock opened at $120.12 on Friday. The business has a fifty day moving average of $119.97 and a 200 day moving average of $115.10. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $124.56. The firm has a market capitalization of $13.12 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98.

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.