MRA Advisory Group Acquires New Holdings in Invesco S&P 500 Momentum ETF $SPMO

MRA Advisory Group acquired a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 40,320 shares of the company’s stock, valued at approximately $6,112,000. Invesco S&P 500 Momentum ETF accounts for approximately 2.2% of MRA Advisory Group’s portfolio, making the stock its 14th largest position.

A number of other large investors also recently made changes to their positions in the company. Tompkins Financial Corp bought a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $36,990,000. Planning Alternatives Ltd. ADV increased its position in Invesco S&P 500 Momentum ETF by 22.9% during the 1st quarter. Planning Alternatives Ltd. ADV now owns 744,409 shares of the company’s stock worth $83,456,000 after buying an additional 138,915 shares during the period. Ameritas Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 928.3% during the second quarter. Ameritas Advisory Services LLC now owns 150,022 shares of the company’s stock worth $24,235,000 after buying an additional 135,432 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF by 9.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock valued at $238,973,000 after acquiring an additional 128,087 shares during the period. Finally, Green Ridge Wealth Planning LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at about $13,580,000.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO stock traded up $0.10 on Wednesday, hitting $153.09. The company’s stock had a trading volume of 1,249,724 shares, compared to its average volume of 1,943,599. 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 company has a market capitalization of $23.30 billion, a PE ratio of 29.51 and a beta of 1.10. The stock’s 50 day moving average is $149.00 and its 200-day moving average is $143.25.

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.