Invesco S&P 500 Momentum ETF $SPMO Stock Sold by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC reduced its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 11.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,711 shares of the company’s stock after selling 5,562 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $6,474,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Rosenberg Matthew Hamilton acquired a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at about $33,000. Toth Financial Advisory Corp bought a new position in Invesco S&P 500 Momentum ETF in the third quarter valued at about $34,000. Montgomery Financial Services LLC acquired a new position in Invesco S&P 500 Momentum ETF during the second quarter worth about $46,000. Blue Trust Inc. raised its stake in 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 worth $40,000 after acquiring an additional 93 shares in the last quarter. Finally, Timbuktu Capital Management LLC acquired a new position in Invesco S&P 500 Momentum ETF during the second quarter worth about $65,000.

Invesco S&P 500 Momentum ETF Trading Down 2.3%

SPMO stock opened at $140.89 on Friday. The stock has a market capitalization of $21.74 billion, a P/E ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 12 month low of $107.24 and a 12 month high of $162.30. The firm has a 50-day moving average price of $149.27 and a 200-day moving average price of $144.95.

About Invesco S&P 500 Momentum ETF

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.