Tactive Advisors LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 36.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,145 shares of the company’s stock after acquiring an additional 15,304 shares during the period. Invesco S&P 500 Momentum ETF accounts for about 2.1% of Tactive Advisors LLC’s investment portfolio, making the stock its 7th largest position. Tactive Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $8,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. Coppell Advisory Solutions LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter valued at $26,000. Rosenberg Matthew Hamilton acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth $33,000. Toth Financial Advisory Corp acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth $34,000. Blue Trust Inc. raised 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 period. Finally, Montgomery Financial Services LLC acquired a new position in Invesco S&P 500 Momentum ETF in the second quarter valued at $46,000.
Invesco S&P 500 Momentum ETF Price Performance
SPMO stock traded down $3.00 during trading on Thursday, reaching $150.00. 924,156 shares of the stock traded hands, compared to its average volume of 1,941,934. The firm has a market capitalization of $22.91 billion, a PE ratio of 29.51 and a beta of 1.10. The business’s 50 day moving average price is $149.33 and its 200-day moving average price is $143.51. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30.
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.
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