Green Ridge Wealth Planning LLC Has $17.77 Million Stock Position in Invesco S&P 500 Momentum ETF $SPMO

Green Ridge Wealth Planning LLC lifted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.9% during the second quarter, HoldingsChannel.com reports. The fund owned 110,026 shares of the company’s stock after purchasing an additional 5,157 shares during the period. Invesco S&P 500 Momentum ETF makes up approximately 7.5% of Green Ridge Wealth Planning LLC’s investment portfolio, making the stock its 3rd biggest holding. Green Ridge Wealth Planning LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $17,774,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Able Wealth Management LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 13.0% in the 4th quarter. Able Wealth Management LLC now owns 120,379 shares of the company’s stock valued at $14,364,000 after purchasing an additional 13,883 shares during the period. Brookwood Investment Group LLC increased its stake in Invesco S&P 500 Momentum ETF by 27.5% during the 4th quarter. Brookwood Investment Group LLC now owns 88,676 shares of the company’s stock worth $10,581,000 after purchasing an additional 19,103 shares in the last quarter. Strategic Blueprint LLC raised its holdings in Invesco S&P 500 Momentum ETF by 111.1% during the 4th quarter. Strategic Blueprint LLC now owns 18,487 shares of the company’s stock worth $2,206,000 after buying an additional 9,729 shares during the period. Financial Enhancement Group LLC raised its holdings in Invesco S&P 500 Momentum ETF by 6.9% during the 4th quarter. Financial Enhancement Group LLC now owns 129,039 shares of the company’s stock worth $15,181,000 after buying an additional 8,369 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in Invesco S&P 500 Momentum ETF by 1,586.1% in the fourth quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock valued at $169,906,000 after buying an additional 1,339,497 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 0.4%

Invesco S&P 500 Momentum ETF stock opened at $149.69 on Friday. The stock has a market capitalization of $21.92 billion, a PE ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a twelve month low of $107.24 and a twelve month high of $162.30. The company has a 50 day moving average of $150.93 and a 200-day moving average of $134.07.

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.