Invesco S&P 500 Momentum ETF $SPMO Shares Bought by Triad Wealth Partners LLC

Triad Wealth Partners LLC grew its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 51.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 166,082 shares of the company’s stock after buying an additional 56,175 shares during the period. Invesco S&P 500 Momentum ETF accounts for approximately 1.5% of Triad Wealth Partners LLC’s holdings, making the stock its 14th biggest holding. Triad Wealth Partners LLC owned approximately 0.14% of Invesco S&P 500 Momentum ETF worth $18,619,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SPMO. BNP Paribas Financial Markets lifted its stake in shares of Invesco S&P 500 Momentum ETF by 1,586.1% in the 4th quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock valued at $169,906,000 after purchasing an additional 1,339,497 shares in the last quarter. Bank of America Corp DE increased its position in Invesco S&P 500 Momentum ETF by 30.4% during the 2nd quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock worth $271,204,000 after purchasing an additional 562,290 shares in the last quarter. JPMorgan Chase & Co. increased its position in Invesco S&P 500 Momentum ETF by 75.9% during the 4th quarter. JPMorgan Chase & Co. now owns 1,231,078 shares of the company’s stock worth $146,892,000 after purchasing an additional 531,093 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Invesco S&P 500 Momentum ETF by 62.0% in the third quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock valued at $162,342,000 after buying an additional 513,037 shares during the period. Finally, Thrivent Financial for Lutherans raised its holdings in Invesco S&P 500 Momentum ETF by 254.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 545,673 shares of the company’s stock valued at $65,356,000 after buying an additional 391,694 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO stock opened at $159.90 on Friday. The stock has a market cap of $19.50 billion, a price-to-earnings ratio of 29.51 and a beta of 1.11. Invesco S&P 500 Momentum ETF has a fifty-two week low of $106.57 and a fifty-two week high of $160.65. The firm’s 50 day moving average price is $141.78 and its two-hundred day moving average price is $126.66.

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.