Invesco S&P 500 Momentum ETF $SPMO Shares Bought by Green Ridge Wealth Planning LLC

Green Ridge Wealth Planning LLC boosted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 110,026 shares of the company’s stock after acquiring an additional 5,157 shares during the period. Invesco S&P 500 Momentum ETF accounts for 7.5% of Green Ridge Wealth Planning LLC’s portfolio, making the stock its 3rd largest position. Green Ridge Wealth Planning LLC owned 0.08% of Invesco S&P 500 Momentum ETF worth $17,774,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. RVW Wealth LLC lifted its position in Invesco S&P 500 Momentum ETF by 4.9% during the 2nd quarter. RVW Wealth LLC now owns 259,247 shares of the company’s stock valued at $41,879,000 after purchasing an additional 12,038 shares during the period. Trinity Wealth Management LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 118.0% during the 2nd quarter. Trinity Wealth Management LLC now owns 21,168 shares of the company’s stock worth $3,419,000 after buying an additional 11,458 shares during the period. Balefire LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter worth approximately $1,459,000. Dynamic Advisor Solutions LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 12.2% during the second quarter. Dynamic Advisor Solutions LLC now owns 128,073 shares of the company’s stock worth $20,689,000 after buying an additional 13,908 shares during the last quarter. Finally, GK Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the second quarter worth approximately $527,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA SPMO opened at $149.69 on Friday. 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 firm has a market capitalization of $21.92 billion, a P/E ratio of 29.51 and a beta of 1.10. The company’s 50 day simple moving average is $150.93 and its 200 day simple moving average is $134.07.

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.