Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Purchased by BlackDiamond Wealth Management LLC

BlackDiamond Wealth Management LLC increased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 11.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,393 shares of the company’s stock after acquiring an additional 1,629 shares during the quarter. BlackDiamond Wealth Management LLC owned approximately 0.10% of Invesco S&P 500 Momentum ETF worth $1,462,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SPMO. Thrivent Financial for Lutherans acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $1,312,000. Darwin Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $158,000. LPL Financial LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 10.0% during the 3rd quarter. LPL Financial LLC now owns 1,242,778 shares of the company’s stock valued at $112,645,000 after acquiring an additional 113,439 shares during the last quarter. Concorde Asset Management LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 1,788.6% during the 3rd quarter. Concorde Asset Management LLC now owns 69,105 shares of the company’s stock valued at $6,264,000 after acquiring an additional 65,446 shares during the last quarter. Finally, Great Valley Advisor Group Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF by 596.3% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 36,848 shares of the company’s stock valued at $3,340,000 after acquiring an additional 31,556 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $94.56 on Tuesday. The firm’s 50-day moving average is $98.71 and its two-hundred day moving average is $95.28. Invesco S&P 500 Momentum ETF has a 12 month low of $74.40 and a 12 month high of $103.44. The stock has a market capitalization of $5.26 billion, a P/E ratio of 24.89 and a beta of 0.93.

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.