Strata Wealth Advisors LLC Has $332,000 Stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Strata Wealth Advisors LLC raised its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 22.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,796 shares of the company’s stock after purchasing an additional 701 shares during the period. Strata Wealth Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $332,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in Invesco S&P 500 Momentum ETF by 36.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,461,136 shares of the company’s stock valued at $477,631,000 after buying an additional 1,456,957 shares in the last quarter. LPL Financial LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 33.7% during the second quarter. LPL Financial LLC now owns 1,129,339 shares of the company’s stock worth $98,772,000 after purchasing an additional 284,359 shares during the period. Orion Portfolio Solutions LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth $46,012,000. Osaic Holdings Inc. grew its position in Invesco S&P 500 Momentum ETF by 141.5% in the 1st 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 during the period. Finally, Advance Capital Management Inc. acquired a new stake in Invesco S&P 500 Momentum ETF in the 1st quarter valued at $37,208,000.

Invesco S&P 500 Momentum ETF Trading Up 0.5 %

Invesco S&P 500 Momentum ETF stock opened at $90.94 on Tuesday. The firm’s fifty day moving average price is $86.72 and its two-hundred day moving average price is $83.72. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 1-year low of $55.32 and a 1-year high of $91.64.

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.