Triton Wealth Management PLLC Purchases 32,636 Shares of Invesco S&P 500 Momentum ETF $SPMO

Triton Wealth Management PLLC increased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 13.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 274,253 shares of the company’s stock after purchasing an additional 32,636 shares during the period. Invesco S&P 500 Momentum ETF accounts for about 11.7% of Triton Wealth Management PLLC’s holdings, making the stock its 2nd biggest holding. Triton Wealth Management PLLC’s holdings in Invesco S&P 500 Momentum ETF were worth $31,565,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Elevated Capital Advisors LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 4th quarter valued at about $33,000. Blue Trust Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 35.8% during the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after buying an additional 93 shares during the last quarter. Dogwood Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 4th quarter valued at approximately $44,000. Networth Advisors LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 1st quarter valued at approximately $48,000. Finally, Salomon & Ludwin LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 61.3% in the fourth quarter. Salomon & Ludwin LLC now owns 492 shares of the company’s stock valued at $59,000 after acquiring an additional 187 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Up 0.4%

Invesco S&P 500 Momentum ETF stock traded up $0.67 during mid-day trading on Friday, hitting $153.75. The company’s stock had a trading volume of 1,625,099 shares, compared to its average volume of 1,929,442. The firm has a market capitalization of $21.79 billion, a PE ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 1 year low of $107.24 and a 1 year high of $162.30. The stock’s fifty day moving average is $149.87 and its two-hundred day moving average is $130.35.

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.