Planning Alternatives Ltd. ADV boosted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 599,180 shares of the company’s stock after buying an additional 6,271 shares during the period. Invesco S&P 500 Momentum ETF makes up 9.3% of Planning Alternatives Ltd. ADV’s holdings, making the stock its 4th biggest holding. Planning Alternatives Ltd. ADV’s holdings in Invesco S&P 500 Momentum ETF were worth $72,537,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Schroder Investment Management Group bought a new position in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth about $26,000. Cullen Frost Bankers Inc. acquired a new stake in Invesco S&P 500 Momentum ETF during the third quarter worth approximately $27,000. GHP Investment Advisors Inc. grew its stake in Invesco S&P 500 Momentum ETF by 99.2% during the second quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock worth $30,000 after purchasing an additional 132 shares during the period. Mark Sheptoff Financial Planning LLC bought a new stake in Invesco S&P 500 Momentum ETF in the second quarter worth approximately $31,000. Finally, Blue Trust Inc. acquired a new position in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $31,000.
Invesco S&P 500 Momentum ETF Stock Performance
Invesco S&P 500 Momentum ETF stock opened at $119.22 on Wednesday. The stock has a market capitalization of $13.54 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $124.56. The stock’s 50 day moving average price is $119.52 and its two-hundred day moving average price is $119.43.
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.
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