Prime Capital Investment Advisors LLC Acquires 10,656 Shares of Invesco S&P 500 Momentum ETF $SPMO

Prime Capital Investment Advisors LLC increased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 191.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,214 shares of the company’s stock after acquiring an additional 10,656 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,458,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPMO. Stewardship Advisors LLC raised its position in Invesco S&P 500 Momentum ETF by 8.3% in the 3rd quarter. Stewardship Advisors LLC now owns 1,639 shares of the company’s stock valued at $248,000 after purchasing an additional 126 shares during the last quarter. Eagle Wealth Advisors LLC boosted its stake in Invesco S&P 500 Momentum ETF by 85.8% during the 3rd quarter. Eagle Wealth Advisors LLC now owns 5,644 shares of the company’s stock worth $856,000 after purchasing an additional 2,606 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth $1,873,000. Retirement Planning Group LLC purchased a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth $678,000. Finally, Lifelong Wealth Advisors Inc. grew its position in Invesco S&P 500 Momentum ETF by 1.1% during the 3rd quarter. Lifelong Wealth Advisors Inc. now owns 26,994 shares of the company’s stock worth $4,092,000 after purchasing an additional 301 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $143.15 on Thursday. The company has a market capitalization of $22.07 billion, a P/E ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 1 year low of $107.24 and a 1 year high of $162.30. The company’s fifty day moving average is $148.84 and its two-hundred day moving average is $145.81.

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.