Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Purchased by Investor s Fiduciary Advisor Network LLC

Investor s Fiduciary Advisor Network LLC lifted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 2.3% in the first quarter, Holdings Channel reports. The firm owned 4,983 shares of the company’s stock after buying an additional 111 shares during the period. Investor s Fiduciary Advisor Network LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $461,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fourth Dimension Wealth LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth $28,000. ORG Wealth Partners LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 1st quarter worth $40,000. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Invesco S&P 500 Momentum ETF in the 4th quarter worth $48,000. Sound Income Strategies LLC raised its stake in Invesco S&P 500 Momentum ETF by 1,859.3% in the 1st quarter. Sound Income Strategies LLC now owns 529 shares of the company’s stock worth $49,000 after acquiring an additional 502 shares during the last quarter. Finally, Continuum Advisory LLC raised its stake in Invesco S&P 500 Momentum ETF by 41.2% in the 1st quarter. Continuum Advisory LLC now owns 528 shares of the company’s stock worth $49,000 after acquiring an additional 154 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO stock opened at $112.51 on Friday. The firm has a market capitalization of $9.73 billion, a price-to-earnings ratio of 28.02 and a beta of 0.89. The business has a fifty day moving average of $104.85 and a 200 day moving average of $98.89. Invesco S&P 500 Momentum ETF has a 1 year low of $76.75 and a 1 year high of $112.68.

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.