Tidemark LLC increased its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 8.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,129 shares of the company’s stock after purchasing an additional 3,547 shares during the period. Invesco S&P 500 Momentum ETF accounts for about 1.6% of Tidemark LLC’s holdings, making the stock its 20th biggest position. Tidemark LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $5,504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dunhill Financial LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter worth $33,000. Elevated Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at $33,000. Dogwood Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the fourth quarter valued at $44,000. MAI Capital Management acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $50,000. Finally, Capital Investment Advisory Services LLC increased its position in Invesco S&P 500 Momentum ETF by 90.5% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 421 shares of the company’s stock worth $51,000 after purchasing an additional 200 shares in the last quarter.
Invesco S&P 500 Momentum ETF Trading Up 1.3%
Shares of SPMO stock opened at $154.32 on Wednesday. The company has a market capitalization of $18.81 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. The firm has a 50-day moving average price of $131.00 and a 200 day moving average price of $123.27. Invesco S&P 500 Momentum ETF has a twelve month low of $105.30 and a twelve month high of $154.51.
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.
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