Compound Planning Inc. Boosts Stock Holdings in Invesco S&P 500 Momentum ETF $SPMO

Compound Planning Inc. grew its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 249.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,424 shares of the company’s stock after purchasing an additional 9,585 shares during the period. Compound Planning Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,505,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SPMO. Modern Wealth Management LLC grew its stake in Invesco S&P 500 Momentum ETF by 13.4% in the 1st quarter. Modern Wealth Management LLC now owns 145,804 shares of the company’s stock valued at $16,695,000 after buying an additional 17,208 shares in the last quarter. Greenline Wealth Management LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 6.1% during the first quarter. Greenline Wealth Management LLC now owns 33,590 shares of the company’s stock worth $3,766,000 after acquiring an additional 1,917 shares in the last quarter. Bank of Nova Scotia purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the first quarter worth $1,149,000. Envision Financial Transparency LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the first quarter worth $1,598,000. Finally, Lavaca Capital LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the first quarter worth $64,000.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA SPMO opened at $146.51 on Friday. The stock has a market cap of $21.24 billion, a PE ratio of 29.51 and a beta of 1.09. 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 stock has a fifty day moving average of $151.03 and a 200-day moving average of $132.29.

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.