Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by Centerpoint Advisory Group

Centerpoint Advisory Group boosted its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 14.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 74,300 shares of the company’s stock after acquiring an additional 9,166 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for about 6.3% of Centerpoint Advisory Group’s portfolio, making the stock its biggest holding. Centerpoint Advisory Group owned 0.06% of Invesco S&P 500 Momentum ETF worth $8,330,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Capstone Wealth Management Group LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 129.4% in the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after purchasing an additional 65,515 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth $18,900,000. Jane Street Group LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 346.5% during the 1st quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after buying an additional 31,344 shares during the period. Invesco Ltd. boosted its stake in Invesco S&P 500 Momentum ETF by 43.9% during the second quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock worth $8,559,000 after buying an additional 23,223 shares during the period. Finally, NewEdge Advisors LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 11.7% during the second quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock valued at $5,595,000 after acquiring an additional 5,209 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $148.66 on Tuesday. Invesco S&P 500 Momentum ETF has a fifty-two week low of $107.24 and a fifty-two week high of $162.30. The company has a 50 day moving average price of $148.22 and a 200 day moving average price of $129.48. The stock has a market capitalization of $20.91 billion, a P/E ratio of 29.51 and a beta of 1.09.

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.