3,200 Shares in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Purchased by Primoris Wealth Advisors LLC

Primoris Wealth Advisors LLC bought a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,200 shares of the company’s stock, valued at approximately $290,000.

A number of other institutional investors have also made changes to their positions in SPMO. Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF by 36.4% during the second quarter. Envestnet Asset Management Inc. now owns 5,461,136 shares of the company’s stock worth $477,631,000 after purchasing an additional 1,456,957 shares in the last quarter. Orion Portfolio Solutions LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 1st quarter valued at approximately $46,012,000. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 33.7% in the second quarter. LPL Financial LLC now owns 1,129,339 shares of the company’s stock worth $98,772,000 after acquiring an additional 284,359 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Invesco S&P 500 Momentum ETF by 141.5% during the first quarter. Osaic Holdings Inc. now owns 475,857 shares of the company’s stock worth $38,137,000 after acquiring an additional 278,798 shares during the period. Finally, Mainstay Capital Management LLC ADV acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at $23,247,000.

Invesco S&P 500 Momentum ETF Trading Up 0.9 %

NYSEARCA:SPMO traded up $0.85 during mid-day trading on Friday, hitting $96.89. The stock had a trading volume of 3,212,805 shares, compared to its average volume of 557,778. The stock has a 50-day simple moving average of $91.08 and a two-hundred day simple moving average of $86.82. The company has a market capitalization of $1.56 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a twelve month low of $59.12 and a twelve month high of $97.22.

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.