14,896 Shares of Invesco S&P 500 Momentum ETF $SPMO Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 14,896 shares of the company’s stock, valued at approximately $2,258,000.

A number of other institutional investors have also recently bought and sold shares of SPMO. Schuylkill Financial LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the second quarter worth approximately $1,513,000. First Heartland Consultants Inc. acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $7,060,000. Lunt Capital Management Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter valued at approximately $3,224,000. Concorde Asset Management LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 12.2% in the second quarter. Concorde Asset Management LLC now owns 59,745 shares of the company’s stock valued at $9,651,000 after buying an additional 6,473 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Invesco S&P 500 Momentum ETF by 9.5% during the second 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 in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA:SPMO opened at $122.45 on Friday. The business’s 50 day simple moving average is $145.96 and its 200 day simple moving average is $138.04. Invesco S&P 500 Momentum ETF has a 1 year low of $107.24 and a 1 year high of $162.30. The company has a market capitalization of $19.20 billion, a P/E ratio of 29.51 and a beta of 1.12.

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.