22,147 Shares in Invesco S&P 500 Momentum ETF $SPMO Acquired by Noble Wealth Partners LLC

Noble Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the second quarter, HoldingsChannel reports. The institutional investor acquired 22,147 shares of the company’s stock, valued at approximately $3,578,000. Invesco S&P 500 Momentum ETF makes up approximately 3.1% of Noble Wealth Partners LLC’s investment portfolio, making the stock its 11th largest holding.

Other large investors have also added to or reduced their stakes in the company. Coppell Advisory Solutions LLC bought a new stake in Invesco S&P 500 Momentum ETF in the second quarter worth $26,000. Blue Trust Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 35.8% during the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after acquiring an additional 93 shares in the last quarter. Dogwood Wealth Management LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the fourth quarter valued at $44,000. Montgomery Financial Services LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth about $46,000. Finally, Networth Advisors LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth about $48,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $149.72 on Friday. The stock has a market cap of $21.92 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. The firm’s 50-day moving average is $149.05 and its 200 day moving average is $138.25. Invesco S&P 500 Momentum ETF has a 1 year low of $107.24 and a 1 year high of $162.30.

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.