Apollon Wealth Management LLC Has $2.15 Million Holdings in Invesco S&P 500 Momentum ETF $SPMO

Apollon Wealth Management LLC raised its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 61.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,715 shares of the company’s stock after acquiring an additional 6,751 shares during the period. Apollon Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,145,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Castleview Partners LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 3.2% in the 3rd quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock valued at $331,000 after purchasing an additional 84 shares in the last quarter. Stephens Inc. AR increased its position in Invesco S&P 500 Momentum ETF by 2.1% during the 2nd quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock worth $496,000 after purchasing an additional 89 shares in the last quarter. Strait & Sound Wealth Management LLC lifted its stake in Invesco S&P 500 Momentum ETF by 0.7% in the 2nd quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock valued at $1,614,000 after purchasing an additional 94 shares during the last quarter. Fourth Dimension Wealth LLC boosted its position in Invesco S&P 500 Momentum ETF by 33.3% in the second quarter. Fourth Dimension Wealth LLC now owns 400 shares of the company’s stock valued at $45,000 after buying an additional 100 shares in the last quarter. Finally, Sutton Place Investors LLC boosted its position in Invesco S&P 500 Momentum ETF by 1.8% in the second quarter. Sutton Place Investors LLC now owns 6,015 shares of the company’s stock valued at $677,000 after buying an additional 109 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA:SPMO opened at $120.35 on Wednesday. The company has a fifty day moving average of $119.64 and a 200-day moving average of $117.43. The company has a market capitalization of $13.15 billion, a PE 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.

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.