Invesco S&P 500 Momentum ETF $SPMO Stock Position Boosted by Venture Visionary Partners LLC

Venture Visionary Partners LLC raised its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,183 shares of the company’s stock after buying an additional 5,695 shares during the period. Venture Visionary Partners LLC owned about 0.09% of Invesco S&P 500 Momentum ETF worth $20,643,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SPMO. Schuylkill Financial LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter worth about $1,513,000. Concorde Asset Management LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 12.2% during the 2nd quarter. Concorde Asset Management LLC now owns 59,745 shares of the company’s stock worth $9,651,000 after acquiring an additional 6,473 shares in the last quarter. Lunt Capital Management Inc. acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter worth about $3,224,000. Envestnet Asset Management Inc. lifted its stake in Invesco S&P 500 Momentum ETF by 9.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock worth $238,973,000 after purchasing an additional 128,087 shares during the last quarter. Finally, Noble Wealth Partners LLC purchased a new stake in Invesco S&P 500 Momentum ETF during the second quarter worth approximately $3,578,000.

Invesco S&P 500 Momentum ETF Stock Up 0.0%

SPMO traded up $0.01 on Wednesday, reaching $153.00. The company’s stock had a trading volume of 2,038,664 shares, compared to its average volume of 1,948,037. The company has a market capitalization of $23.37 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a fifty-two week low of $107.24 and a fifty-two week high of $162.30. The stock has a 50 day moving average of $149.33 and a two-hundred day moving average of $143.51.

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.