15,577 Invesco S&P 500 Value with Momentum ETF $SPVM Shares Sold by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC lessened its position in shares of Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) by 9.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 152,218 shares of the company’s stock after selling 15,577 shares during the quarter. Invesco S&P 500 Value with Momentum ETF makes up approximately 4.8% of Capstone Wealth Management Group LLC’s investment portfolio, making the stock its 7th largest holding. Capstone Wealth Management Group LLC owned approximately 8.32% of Invesco S&P 500 Value with Momentum ETF worth $11,033,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SPVM. IFP Advisors Inc lifted its position in shares of Invesco S&P 500 Value with Momentum ETF by 451.3% in the 2nd quarter. IFP Advisors Inc now owns 419 shares of the company’s stock worth $31,000 after purchasing an additional 343 shares during the period. Envestnet Asset Management Inc. acquired a new stake in shares of Invesco S&P 500 Value with Momentum ETF during the second quarter worth $276,000. Nvest Financial LLC acquired a new stake in shares of Invesco S&P 500 Value with Momentum ETF during the second quarter worth $310,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Invesco S&P 500 Value with Momentum ETF during the second quarter worth $374,000. Finally, Citadel Advisors LLC bought a new position in Invesco S&P 500 Value with Momentum ETF during the second quarter worth $377,000.

Invesco S&P 500 Value with Momentum ETF Stock Up 0.5%

Shares of NYSEARCA SPVM opened at $78.72 on Thursday. The company has a market capitalization of $144.06 million, a PE ratio of 13.46 and a beta of 0.77. Invesco S&P 500 Value with Momentum ETF has a twelve month low of $64.00 and a twelve month high of $79.81. The firm has a fifty day simple moving average of $75.86 and a 200 day simple moving average of $73.68.

Invesco S&P 500 Value with Momentum ETF Company Profile

The Invesco S&P 500 Value with Momentum ETF (SPVM) is an exchange-traded fund that is based on the S&P 500 High Momentum Value index. The fund tracks an index of S&P 500 stocks selected by value and momentum and weighted by value. SPVM was launched on Jun 16, 2011 and is managed by Invesco.