Invesco S&P 500 Momentum ETF $SPMO Shares Bought by Evolution Wealth Management Inc.

Evolution Wealth Management Inc. grew its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 468.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,410 shares of the company’s stock after purchasing an additional 6,107 shares during the period. Invesco S&P 500 Momentum ETF makes up approximately 0.9% of Evolution Wealth Management Inc.’s holdings, making the stock its 25th biggest position. Evolution Wealth Management Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $897,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SPMO. StoneCrest Wealth Management Inc. increased its stake in Invesco S&P 500 Momentum ETF by 25.7% during the 3rd quarter. StoneCrest Wealth Management Inc. now owns 84,728 shares of the company’s stock valued at $10,257,000 after buying an additional 17,301 shares during the period. Kingswood Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 50.1% in the third quarter. Kingswood Wealth Advisors LLC now owns 41,341 shares of the company’s stock valued at $5,005,000 after buying an additional 13,796 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $1,654,000. Ethos Financial Group LLC lifted its stake in Invesco S&P 500 Momentum ETF by 13.9% during the third quarter. Ethos Financial Group LLC now owns 169,005 shares of the company’s stock valued at $20,460,000 after buying an additional 20,630 shares in the last quarter. Finally, Spire Wealth Management lifted its position in shares of Invesco S&P 500 Momentum ETF by 65.0% in the 3rd quarter. Spire Wealth Management now owns 16,124 shares of the company’s stock valued at $1,952,000 after acquiring an additional 6,349 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 1.0%

Shares of Invesco S&P 500 Momentum ETF stock opened at $119.02 on Friday. Invesco S&P 500 Momentum ETF has a 12 month low of $78.25 and a 12 month high of $124.56. The stock has a market cap of $13.47 billion, a PE ratio of 29.51 and a beta of 0.98. The business has a fifty day simple moving average of $119.34 and a 200-day simple moving average of $117.91.

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.