Endowment Wealth Management Inc. Buys 1,268 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Endowment Wealth Management Inc. boosted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 16,331 shares of the company’s stock after buying an additional 1,268 shares during the period. Invesco S&P 500 Momentum ETF comprises 1.0% of Endowment Wealth Management Inc.’s holdings, making the stock its 27th biggest position. Endowment Wealth Management Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,480,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the first quarter worth about $643,000. Oppenheimer & Co. Inc. raised its holdings in shares of Invesco S&P 500 Momentum ETF by 19.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 7,981 shares of the company’s stock worth $640,000 after acquiring an additional 1,277 shares in the last quarter. US Bancorp DE bought a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter valued at approximately $424,000. Osaic Holdings Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF by 141.5% in the first quarter. Osaic Holdings Inc. now owns 475,857 shares of the company’s stock valued at $38,137,000 after purchasing an additional 278,798 shares in the last quarter. Finally, Lake Street Advisors Group LLC bought a new stake in Invesco S&P 500 Momentum ETF in the first quarter worth $405,000.

Invesco S&P 500 Momentum ETF Stock Up 0.0 %

Invesco S&P 500 Momentum ETF stock opened at $96.57 on Thursday. Invesco S&P 500 Momentum ETF has a 52-week low of $60.97 and a 52-week high of $97.36. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. The firm’s fifty day moving average is $91.43 and its 200 day moving average is $87.24.

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.