CreativeOne Wealth LLC Buys New Shares in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

CreativeOne Wealth LLC bought a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,300 shares of the company’s stock, valued at approximately $208,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. ORG Partners LLC acquired a new position in Invesco S&P 500 Momentum ETF during the second quarter worth approximately $38,000. Concourse Financial Group Securities Inc. increased its position in Invesco S&P 500 Momentum ETF by 103.9% during the second quarter. Concourse Financial Group Securities Inc. now owns 569 shares of the company’s stock worth $50,000 after buying an additional 290 shares during the last quarter. Richardson Financial Services Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 26.8% during the second quarter. Richardson Financial Services Inc. now owns 946 shares of the company’s stock worth $83,000 after acquiring an additional 200 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth approximately $158,000. Finally, TKG Advisors LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth approximately $204,000.

Invesco S&P 500 Momentum ETF Stock Up 0.5 %

Shares of NYSEARCA:SPMO opened at $97.26 on Wednesday. Invesco S&P 500 Momentum ETF has a 12-month low of $60.97 and a 12-month high of $97.36. The stock has a market cap of $1.57 billion, a PE ratio of 20.66 and a beta of 1.00. The business has a 50 day moving average of $93.72 and a 200-day moving average of $89.03.

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.