U.S. Capital Wealth Advisors LLC Invests $1.80 Million in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 18,976 shares of the company’s stock, valued at approximately $1,803,000. U.S. Capital Wealth Advisors LLC owned about 0.12% of Invesco S&P 500 Momentum ETF as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Castle Rock Wealth Management LLC purchased a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $2,263,000. Private Advisor Group LLC lifted its stake in Invesco S&P 500 Momentum ETF by 26.6% during the 3rd quarter. Private Advisor Group LLC now owns 25,667 shares of the company’s stock valued at $2,326,000 after acquiring an additional 5,396 shares during the period. StoneX Group Inc. bought a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $911,000. Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $326,000. Finally, Truist Financial Corp lifted its stake in shares of Invesco S&P 500 Momentum ETF by 17.0% in the 2nd quarter. Truist Financial Corp now owns 6,010 shares of the company’s stock worth $526,000 after purchasing an additional 872 shares during the period.

Invesco S&P 500 Momentum ETF Stock Down 0.0 %

Shares of NYSEARCA:SPMO opened at $99.99 on Tuesday. Invesco S&P 500 Momentum ETF has a twelve month low of $72.21 and a twelve month high of $101.86. The stock has a market capitalization of $1.61 billion, a PE ratio of 20.66 and a beta of 1.00. The firm’s 50 day moving average price is $97.33 and its 200-day moving average price is $92.45.

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.