Sigma Planning Corp Buys 26,438 Shares of Invesco S&P 500 Momentum ETF $SPMO

Sigma Planning Corp grew its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 129.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,821 shares of the company’s stock after purchasing an additional 26,438 shares during the quarter. Sigma Planning Corp’s holdings in Invesco S&P 500 Momentum ETF were worth $5,668,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Castleview Partners LLC raised its holdings in Invesco S&P 500 Momentum ETF by 3.2% during the 3rd 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 position in shares of 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 acquiring an additional 89 shares during the period. Caliber Wealth Management LLC KS raised its stake in shares of Invesco S&P 500 Momentum ETF by 4.9% during the third quarter. Caliber Wealth Management LLC KS now owns 1,945 shares of the company’s stock valued at $235,000 after acquiring an additional 90 shares during the last quarter. LexAurum Advisors LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 4.3% during the third quarter. LexAurum Advisors LLC now owns 2,225 shares of the company’s stock worth $269,000 after purchasing an additional 92 shares during the period. Finally, Strait & Sound Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 0.7% during the second quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock worth $1,614,000 after purchasing an additional 94 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA:SPMO opened at $119.96 on Friday. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $124.56. The company has a market cap of $13.62 billion, a PE ratio of 29.51 and a beta of 0.98. The stock’s 50-day moving average is $119.44 and its 200 day moving average is $119.31.

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.