Family Investment Center Inc. Purchases 4,245 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Family Investment Center Inc. boosted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 293,274 shares of the company’s stock after purchasing an additional 4,245 shares during the quarter. Invesco S&P 500 Momentum ETF makes up 6.7% of Family Investment Center Inc.’s portfolio, making the stock its 4th biggest holding. Family Investment Center Inc. owned approximately 1.82% of Invesco S&P 500 Momentum ETF worth $26,582,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SPMO. Commonwealth Equity Services LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 186.0% during the first quarter. Commonwealth Equity Services LLC now owns 18,720 shares of the company’s stock worth $1,502,000 after buying an additional 12,174 shares in the last quarter. Atomi Financial Group Inc. acquired a new stake in Invesco S&P 500 Momentum ETF in the first quarter worth about $482,000. New Century Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth approximately $498,000. Oppenheimer & Co. Inc. lifted its position in Invesco S&P 500 Momentum ETF by 19.0% in the first quarter. Oppenheimer & Co. Inc. now owns 7,981 shares of the company’s stock worth $640,000 after purchasing an additional 1,277 shares during the period. Finally, Castle Rock Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at $2,263,000.

Invesco S&P 500 Momentum ETF Price Performance

SPMO stock opened at $92.76 on Monday. The firm has a market cap of $1.49 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 12 month low of $55.75 and a 12 month high of $94.69. The firm has a 50 day simple moving average of $90.23 and a 200 day simple moving average of $85.79.

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.