CreativeOne Wealth LLC Invests $208,000 in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

CreativeOne Wealth LLC purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 2,300 shares of the company’s stock, valued at approximately $208,000.

Other institutional investors have also made changes to their positions in the company. Castle Rock Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $2,263,000. Private Advisor Group LLC lifted its stake in Invesco S&P 500 Momentum ETF by 26.6% during the third quarter. Private Advisor Group LLC now owns 25,667 shares of the company’s stock worth $2,326,000 after purchasing an additional 5,396 shares during the last quarter. StoneX Group Inc. bought a new stake in Invesco S&P 500 Momentum ETF during the third quarter worth $911,000. Jane Street Group LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 841.7% during the first quarter. Jane Street Group LLC now owns 54,620 shares of the company’s stock worth $4,382,000 after buying an additional 48,820 shares in the last quarter. Finally, Atria Wealth Solutions Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 43.5% during the second quarter. Atria Wealth Solutions Inc. now owns 78,072 shares of the company’s stock worth $6,828,000 after buying an additional 23,655 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA:SPMO opened at $97.26 on Wednesday. The company has a fifty day moving average of $93.72 and a 200-day moving average of $89.03. The company has a market capitalization of $1.57 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 52-week low of $60.97 and a 52-week high of $97.36.

Invesco S&P 500 Momentum ETF 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.