JTC Employer Solutions Trustee Ltd Invests $10.03 Million in Invesco S&P 500 Momentum ETF $SPMO

JTC Employer Solutions Trustee Ltd acquired a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 85,500 shares of the company’s stock, valued at approximately $10,030,000. Invesco S&P 500 Momentum ETF accounts for 0.9% of JTC Employer Solutions Trustee Ltd’s investment portfolio, making the stock its 17th largest position. JTC Employer Solutions Trustee Ltd owned 0.08% of Invesco S&P 500 Momentum ETF as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. boosted its holdings in Invesco S&P 500 Momentum ETF by 83.1% during the second quarter. J.W. Cole Advisors Inc. now owns 12,858 shares of the company’s stock worth $1,446,000 after buying an additional 5,834 shares in the last quarter. Altus Wealth Group LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 4.7% during the 3rd quarter. Altus Wealth Group LLC now owns 137,743 shares of the company’s stock valued at $16,675,000 after acquiring an additional 6,229 shares during the last quarter. Alpine Bank Wealth Management boosted its stake in shares of Invesco S&P 500 Momentum ETF by 6.4% during the 3rd quarter. Alpine Bank Wealth Management now owns 854,512 shares of the company’s stock worth $103,447,000 after acquiring an additional 51,696 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of Invesco S&P 500 Momentum ETF by 1,525.4% during the 3rd quarter. Brookstone Capital Management now owns 195,748 shares of the company’s stock worth $23,697,000 after acquiring an additional 183,705 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth $6,771,000.

Invesco S&P 500 Momentum ETF Stock Up 0.5%

Shares of Invesco S&P 500 Momentum ETF stock opened at $121.05 on Wednesday. Invesco S&P 500 Momentum ETF has a 12-month low of $78.25 and a 12-month high of $124.56. The firm has a market capitalization of $13.69 billion, a PE ratio of 29.51 and a beta of 0.98. The stock’s fifty day moving average is $119.48 and its 200-day moving average is $117.88.

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.