First Heartland Consultants Inc. Buys 33,988 Shares of Invesco S&P 500 Momentum ETF $SPMO

First Heartland Consultants Inc. raised its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 116.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,141 shares of the company’s stock after purchasing an additional 33,988 shares during the quarter. First Heartland Consultants Inc. owned 0.06% of Invesco S&P 500 Momentum ETF worth $7,644,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stonebrook Private Inc. boosted its position in Invesco S&P 500 Momentum ETF by 3.2% during the 3rd quarter. Stonebrook Private Inc. now owns 48,895 shares of the company’s stock worth $5,919,000 after buying an additional 1,528 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Invesco S&P 500 Momentum ETF by 887.7% in the third quarter. EverSource Wealth Advisors LLC now owns 563 shares of the company’s stock valued at $68,000 after purchasing an additional 506 shares during the period. Verus Capital Partners LLC raised its position in Invesco S&P 500 Momentum ETF by 36.1% during the 3rd quarter. Verus Capital Partners LLC now owns 9,642 shares of the company’s stock worth $1,167,000 after purchasing an additional 2,558 shares during the last quarter. Clearstead Advisors LLC acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $89,000. Finally, Adapt Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at about $13,265,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO opened at $117.94 on Tuesday. The business has a 50-day moving average of $119.43 and a 200-day moving average of $119.35. The company has a market capitalization of $13.39 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $124.56.

About Invesco S&P 500 Momentum ETF

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.