Private Advisor Group LLC Has $2.33 Million Stock Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Private Advisor Group LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 26.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,667 shares of the company’s stock after buying an additional 5,396 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,326,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 36.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,461,136 shares of the company’s stock worth $477,631,000 after acquiring an additional 1,456,957 shares during the last quarter. Orion Portfolio Solutions LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the first quarter valued at about $46,012,000. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 33.7% during the 2nd quarter. LPL Financial LLC now owns 1,129,339 shares of the company’s stock worth $98,772,000 after buying an additional 284,359 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 141.5% during the 1st quarter. Osaic Holdings Inc. now owns 475,857 shares of the company’s stock worth $38,137,000 after buying an additional 278,798 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its stake in Invesco S&P 500 Momentum ETF by 505.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 282,635 shares of the company’s stock valued at $24,719,000 after buying an additional 235,939 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 0.4 %

Invesco S&P 500 Momentum ETF stock opened at $93.02 on Tuesday. Invesco S&P 500 Momentum ETF has a twelve month low of $55.75 and a twelve month high of $94.69. The stock has a market cap of $1.50 billion, a P/E ratio of 20.66 and a beta of 1.00. The company’s 50-day moving average price is $90.23 and its two-hundred day moving average price is $85.84.

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.