Integrity Alliance LLC. purchased a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 128,255 shares of the company’s stock, valued at approximately $19,441,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Integrity Advisory Solutions LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 22.2% in the third quarter. Integrity Advisory Solutions LLC now owns 11,474 shares of the company’s stock worth $1,739,000 after purchasing an additional 2,081 shares in the last quarter. TSG Advice Partners LLC acquired a new position in Invesco S&P 500 Momentum ETF during the third quarter worth $8,657,000. Welch Group LLC bought a new position in Invesco S&P 500 Momentum ETF during the third quarter valued at about $276,000. Virtue Capital Management LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $277,000. Finally, Optima Capital LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 43.1% in the 3rd quarter. Optima Capital LLC now owns 5,705 shares of the company’s stock valued at $865,000 after acquiring an additional 1,717 shares in the last quarter.
Invesco S&P 500 Momentum ETF Stock Performance
SPMO opened at $133.16 on Wednesday. The business has a 50 day moving average price of $146.77 and a 200 day moving average price of $137.97. Invesco S&P 500 Momentum ETF has a twelve month low of $107.24 and a twelve month high of $162.30. The firm has a market cap of $20.88 billion, a P/E ratio of 29.51 and a beta of 1.12.
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.
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