Asempa Wealth Advisors Purchases Shares of 5,697 Invesco S&P 500 Momentum ETF $SPMO

Asempa Wealth Advisors acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,697 shares of the company’s stock, valued at approximately $680,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capstone Wealth Management Group LLC increased its holdings in Invesco S&P 500 Momentum ETF by 129.4% in 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. Goldman Sachs Group Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $18,900,000. Jane Street Group LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 346.5% during the 1st quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock worth $3,737,000 after buying an additional 31,344 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Invesco S&P 500 Momentum ETF by 6.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,210 shares of the company’s stock worth $249,000 after buying an additional 128 shares during the period. Finally, Cozad Asset Management Inc. grew its position in shares of Invesco S&P 500 Momentum ETF by 16.2% during the 2nd quarter. Cozad Asset Management Inc. now owns 9,589 shares of the company’s stock worth $1,078,000 after buying an additional 1,340 shares during the period.

Invesco S&P 500 Momentum ETF Stock Down 1.8%

NYSEARCA:SPMO opened at $113.78 on Monday. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $124.56. The company has a fifty day moving average of $118.81 and a 200-day moving average of $119.55. The firm has a market capitalization of $12.92 billion, a P/E ratio of 29.51 and a beta of 0.98.

Invesco S&P 500 Momentum ETF 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.