Farther Finance Advisors LLC Has $4.07 Million Holdings in Invesco S&P 500 Momentum ETF $SPMO

Farther Finance Advisors LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 627.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,622 shares of the company’s stock after acquiring an additional 29,000 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $4,070,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Castleview Partners LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 3.2% in the third quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock valued at $331,000 after buying an additional 84 shares during the last quarter. Stephens Inc. AR increased its stake in Invesco S&P 500 Momentum ETF by 2.1% in the second quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock valued at $496,000 after purchasing an additional 89 shares in the last quarter. Strait & Sound Wealth Management LLC raised its stake in Invesco S&P 500 Momentum ETF by 0.7% during the 2nd quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock worth $1,614,000 after buying an additional 94 shares during the period. Fourth Dimension Wealth LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 33.3% during the second quarter. Fourth Dimension Wealth LLC now owns 400 shares of the company’s stock worth $45,000 after purchasing an additional 100 shares during the period. Finally, Sutton Place Investors LLC lifted its stake in Invesco S&P 500 Momentum ETF by 1.8% in the second quarter. Sutton Place Investors LLC now owns 6,015 shares of the company’s stock valued at $677,000 after buying an additional 109 shares in the last quarter.

Invesco S&P 500 Momentum ETF Trading Up 0.4%

Shares of NYSEARCA SPMO opened at $121.45 on Thursday. The firm has a market cap of $13.27 billion, a PE ratio of 29.51 and a beta of 0.98. The company has a fifty day moving average price of $119.62 and a 200 day moving average price of $116.96. Invesco S&P 500 Momentum ETF has a 1-year low of $78.25 and a 1-year high of $124.56.

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.