Investor s Fiduciary Advisor Network LLC trimmed its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 76.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,446 shares of the company’s stock after selling 4,753 shares during the period. Investor s Fiduciary Advisor Network LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $233,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. SG Americas Securities LLC raised its holdings in Invesco S&P 500 Momentum ETF by 8.0% in the first quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock worth $131,000 after purchasing an additional 87 shares in the last quarter. Blue Trust Inc. grew its position in shares of Invesco S&P 500 Momentum ETF by 35.8% in the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after buying an additional 93 shares during the last quarter. Fourth Dimension Wealth LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 20.0% in the 4th quarter. Fourth Dimension Wealth LLC now owns 600 shares of the company’s stock worth $72,000 after buying an additional 100 shares during the last quarter. Peregrine Asset Advisers Inc. raised its stake in shares of Invesco S&P 500 Momentum ETF by 3.1% during the 1st quarter. Peregrine Asset Advisers Inc. now owns 3,282 shares of the company’s stock worth $368,000 after acquiring an additional 100 shares in the last quarter. Finally, Triumph Capital Management lifted its position in Invesco S&P 500 Momentum ETF by 19.0% during the fourth quarter. Triumph Capital Management now owns 671 shares of the company’s stock valued at $80,000 after acquiring an additional 107 shares during the last quarter.
Invesco S&P 500 Momentum ETF Stock Up 1.6%
Shares of SPMO opened at $149.72 on Friday. The company has a 50 day moving average of $149.05 and a two-hundred day moving average of $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 cap of $21.92 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Momentum ETF
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Want to see what other hedge funds are holding SPMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report).
Receive News & Ratings for Invesco S&P 500 Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
