Invesco S&P 500 Momentum ETF $SPMO Shares Purchased by Brookstone Capital Management

Brookstone Capital Management increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1,525.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 195,748 shares of the company’s stock after acquiring an additional 183,705 shares during the quarter. Brookstone Capital Management owned approximately 0.18% of Invesco S&P 500 Momentum ETF worth $23,697,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Private Trust Co. NA grew its position in shares of Invesco S&P 500 Momentum ETF by 26.1% in the third quarter. Private Trust Co. NA now owns 4,689 shares of the company’s stock valued at $568,000 after purchasing an additional 970 shares during the period. Southland Equity Partners LLC lifted its stake in Invesco S&P 500 Momentum ETF by 1.3% in the 3rd quarter. Southland Equity Partners LLC now owns 20,381 shares of the company’s stock valued at $2,467,000 after buying an additional 266 shares in the last quarter. Manchester Financial Inc. boosted its holdings in Invesco S&P 500 Momentum ETF by 28.8% in the 3rd quarter. Manchester Financial Inc. now owns 93,341 shares of the company’s stock worth $11,300,000 after buying an additional 20,849 shares during the last quarter. Santori & Peters Inc. purchased a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $411,000. Finally, Tactive Advisors LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 28.1% during the third quarter. Tactive Advisors LLC now owns 68,672 shares of the company’s stock valued at $8,313,000 after acquiring an additional 15,072 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $121.45 on Thursday. The stock’s 50 day simple moving average is $119.62 and its 200-day simple moving average is $116.96. The company has a market cap of $13.27 billion, a PE ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 1-year low of $78.25 and a 1-year high of $124.56.

About Invesco S&P 500 Momentum ETF

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.