Invesco S&P 500 Momentum ETF $SPMO is Altus Wealth Group LLC’s 3rd Largest Position

Altus Wealth Group LLC grew its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 137,743 shares of the company’s stock after acquiring an additional 6,229 shares during the quarter. Invesco S&P 500 Momentum ETF comprises 6.8% of Altus Wealth Group LLC’s holdings, making the stock its 3rd largest position. Altus Wealth Group LLC owned 0.13% of Invesco S&P 500 Momentum ETF worth $16,675,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Capstone Wealth Management Group LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 129.4% during the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock worth $10,747,000 after purchasing an additional 65,515 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in Invesco S&P 500 Momentum ETF during the 1st quarter worth $416,000. Royal Bank of Canada grew its holdings in shares of Invesco S&P 500 Momentum ETF by 267.7% during the first quarter. Royal Bank of Canada now owns 236,431 shares of the company’s stock worth $21,877,000 after buying an additional 172,127 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in shares of Invesco S&P 500 Momentum ETF by 816.1% during the first quarter. Federation des caisses Desjardins du Quebec now owns 19,532 shares of the company’s stock worth $1,807,000 after buying an additional 17,400 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 11.4% in the first quarter. Integrated Wealth Concepts LLC now owns 38,923 shares of the company’s stock valued at $3,602,000 after buying an additional 3,976 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Up 0.3%

NYSEARCA:SPMO opened at $119.67 on Friday. The company has a market cap of $13.08 billion, a P/E ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $124.56. The company’s 50-day moving average price is $119.58 and its 200-day moving average price is $117.54.

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.