RFG Advisory LLC increased its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 23.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 156,241 shares of the company’s stock after purchasing an additional 29,887 shares during the period. RFG Advisory LLC owned 0.14% of Invesco S&P 500 Momentum ETF worth $18,643,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in SPMO. Capstone Wealth Management Group LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 129.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after purchasing an additional 65,515 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in Invesco S&P 500 Momentum ETF in the 1st quarter valued at about $18,900,000. Jane Street Group LLC increased its position in Invesco S&P 500 Momentum ETF by 346.5% in the 1st quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after acquiring an additional 31,344 shares during the period. Invesco Ltd. increased its position in Invesco S&P 500 Momentum ETF by 43.9% in the 2nd quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock valued at $8,559,000 after acquiring an additional 23,223 shares during the period. Finally, NewEdge Advisors LLC increased its position in Invesco S&P 500 Momentum ETF by 11.7% in the 2nd quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock valued at $5,595,000 after acquiring an additional 5,209 shares during the period.
Invesco S&P 500 Momentum ETF Stock Up 2.6%
Shares of SPMO stock opened at $137.88 on Wednesday. The stock has a market capitalization of $16.81 billion, a PE ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 52-week low of $95.94 and a 52-week high of $138.44. The stock’s 50-day moving average price is $120.73 and its 200 day moving average price is $119.97.
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.
Further Reading
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