Bush Investment Group LLC Has $1.82 Million Holdings in Invesco S&P 500 Momentum ETF $SPMO

Bush Investment Group LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 48.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 15,279 shares of the company’s stock after buying an additional 4,952 shares during the period. Invesco S&P 500 Momentum ETF makes up 1.0% of Bush Investment Group LLC’s investment portfolio, making the stock its 24th biggest position. Bush Investment Group LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,823,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPMO. Lantern Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 3.5% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 2,634 shares of the company’s stock worth $319,000 after acquiring an additional 88 shares during the period. Santori & Peters Inc. raised its holdings in shares of Invesco S&P 500 Momentum ETF by 2.9% during the 4th quarter. Santori & Peters Inc. now owns 3,495 shares of the company’s stock worth $417,000 after buying an additional 100 shares in the last quarter. Fourth Dimension Wealth LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 20.0% during 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. Triumph Capital Management grew its position in Invesco S&P 500 Momentum ETF by 19.0% in 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. Finally, ArborFi Advisors LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 0.4% in the fourth quarter. ArborFi Advisors LLC now owns 28,233 shares of the company’s stock worth $3,369,000 after acquiring an additional 113 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO opened at $159.90 on Friday. The company’s 50 day moving average is $141.78 and its 200-day moving average is $126.66. The company has a market cap of $19.50 billion, a P/E ratio of 29.51 and a beta of 1.11. Invesco S&P 500 Momentum ETF has a 1-year low of $106.57 and a 1-year high of $160.65.

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.