Ewa LLC Increases Stock Holdings in Invesco S&P 500 Momentum ETF $SPMO

Ewa LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 42.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,627 shares of the company’s stock after acquiring an additional 23,899 shares during the period. Invesco S&P 500 Momentum ETF makes up 2.3% of Ewa LLC’s holdings, making the stock its 8th largest position. Ewa LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $9,620,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SPMO. Capstone Wealth Management Group LLC raised its stake in Invesco S&P 500 Momentum ETF by 129.4% during the 1st quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after acquiring an additional 65,515 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth $18,900,000. Jane Street Group LLC raised its stake in shares of 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 worth $3,737,000 after buying an additional 31,344 shares in the last quarter. Invesco Ltd. raised its stake in shares of 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 worth $8,559,000 after buying an additional 23,223 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of 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 worth $5,595,000 after buying an additional 5,209 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO opened at $143.81 on Friday. Invesco S&P 500 Momentum ETF has a one year low of $97.86 and a one year high of $143.84. The stock’s fifty day moving average is $121.61 and its 200-day moving average is $120.25. The company has a market capitalization of $17.53 billion, a PE ratio of 29.51 and a beta of 1.09.

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.