Invesco S&P 500 Momentum ETF $SPMO Shares Purchased by Triton Wealth Management PLLC

Triton Wealth Management PLLC boosted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 9.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 358,507 shares of the company’s stock after purchasing an additional 30,428 shares during the period. Invesco S&P 500 Momentum ETF comprises 16.5% of Triton Wealth Management PLLC’s holdings, making the stock its largest position. Triton Wealth Management PLLC owned approximately 0.23% of Invesco S&P 500 Momentum ETF worth $54,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Coppell Advisory Solutions LLC bought a new stake in Invesco S&P 500 Momentum ETF during the second quarter worth about $26,000. Rosenberg Matthew Hamilton acquired a new position in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $33,000. Toth Financial Advisory Corp bought a new position in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $34,000. Monetary Solutions Ltd acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $41,000. Finally, Caldwell Trust Co acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $42,000.

Invesco S&P 500 Momentum ETF Stock Down 0.2%

Shares of Invesco S&P 500 Momentum ETF stock opened at $129.64 on Wednesday. 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 market cap of $20.39 billion, a P/E ratio of 29.51 and a beta of 1.12. The business’s 50 day moving average is $144.79 and its 200-day moving average is $138.20.

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.