Hopwood Nicholas Hunter purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 16,670 shares of the company’s stock, valued at approximately $2,693,000.
Several other large investors also recently modified their holdings of the company. Coppell Advisory Solutions LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the second quarter worth $26,000. Blue Trust Inc. boosted its stake in Invesco S&P 500 Momentum ETF by 35.8% in the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after acquiring an additional 93 shares during the last quarter. Dogwood Wealth Management LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the 4th quarter worth $44,000. Networth Advisors LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 1st quarter valued at approximately $48,000. Finally, Wellington Grp LLC grew its holdings in Invesco S&P 500 Momentum ETF by 43.6% during the 1st quarter. Wellington Grp LLC now owns 458 shares of the company’s stock valued at $51,000 after buying an additional 139 shares in the last quarter.
Invesco S&P 500 Momentum ETF Stock Up 1.6%
NYSEARCA SPMO opened at $149.72 on Friday. The stock’s 50-day simple moving average is $149.05 and its two-hundred day simple moving average is $138.25. Invesco S&P 500 Momentum ETF has a twelve month low of $107.24 and a twelve month high of $162.30. The company has a market capitalization of $21.92 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10.
About Invesco S&P 500 Momentum ETF
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.
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