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 (SEC). The firm 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 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 1,586.1% in the 4th quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock worth $169,906,000 after buying an additional 1,339,497 shares during the period. Invst LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 8.9% during the fourth quarter. Invst LLC now owns 306,818 shares of the company’s stock valued at $36,610,000 after buying an additional 25,006 shares during the period. Synergy Investment Management LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 91.7% during the fourth quarter. Synergy Investment Management LLC now owns 39,483 shares of the company’s stock valued at $4,711,000 after buying an additional 18,883 shares during the period. Triton Wealth Management PLLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 13.5% in the fourth quarter. Triton Wealth Management PLLC now owns 241,617 shares of the company’s stock valued at $28,694,000 after acquiring an additional 28,659 shares in the last quarter. Finally, Integrity Investment Advisors LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 8.7% in the first quarter. Integrity Investment Advisors LLC now owns 85,321 shares of the company’s stock valued at $9,565,000 after acquiring an additional 6,816 shares in the last quarter.
Invesco S&P 500 Momentum ETF Price Performance
NYSEARCA:SPMO opened at $149.72 on Friday. Invesco S&P 500 Momentum ETF has a 1-year low of $107.24 and a 1-year high of $162.30. The company has a 50-day moving average of $149.05 and a 200 day moving average of $138.25. The firm has a market cap of $21.92 billion, a PE ratio of 29.51 and a beta of 1.10.
About Invesco S&P 500 Momentum ETF
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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