52,554 Shares in Invesco S&P 500 Momentum ETF $SPMO Acquired by Sigma Planning Corp

Sigma Planning Corp acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 52,554 shares of the company’s stock, valued at approximately $7,966,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 9.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock worth $238,973,000 after buying an additional 128,087 shares during the period. Planning Alternatives Ltd. ADV grew its stake in Invesco S&P 500 Momentum ETF by 22.9% in the 1st quarter. Planning Alternatives Ltd. ADV now owns 744,409 shares of the company’s stock valued at $83,456,000 after buying an additional 138,915 shares during the last quarter. Redwood Investment Management LLC raised its holdings in Invesco S&P 500 Momentum ETF by 5.3% in the 1st quarter. Redwood Investment Management LLC now owns 656,268 shares of the company’s stock worth $73,574,000 after acquiring an additional 33,157 shares during the period. Private Advisor Group LLC raised its holdings in Invesco S&P 500 Momentum ETF by 6.8% in the 1st quarter. Private Advisor Group LLC now owns 562,480 shares of the company’s stock worth $63,060,000 after acquiring an additional 35,630 shares during the period. Finally, Alpine Bank Wealth Management raised its holdings in Invesco S&P 500 Momentum ETF by 1.4% in the 3rd quarter. Alpine Bank Wealth Management now owns 498,031 shares of the company’s stock worth $75,492,000 after acquiring an additional 7,043 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Invesco S&P 500 Momentum ETF stock opened at $138.66 on Monday. The firm has a market cap of $21.47 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a fifty-two week low of $107.24 and a fifty-two week high of $162.30. The firm has a fifty day moving average price of $148.27 and a two-hundred day moving average price of $146.15.

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.