Integrity Advisory Solutions LLC raised its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 112.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,086 shares of the company’s stock after purchasing an additional 3,757 shares during the quarter. Integrity Advisory Solutions LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $846,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of SPMO. Bank of America Corp DE increased its stake in Invesco S&P 500 Momentum ETF by 30.4% during the 2nd quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock valued at $271,204,000 after purchasing an additional 562,290 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at approximately $65,042,000. Raymond James Financial Inc. increased its stake in Invesco S&P 500 Momentum ETF by 62.0% during the 3rd quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock valued at $162,342,000 after purchasing an additional 513,037 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in Invesco S&P 500 Momentum ETF by 254.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 545,673 shares of the company’s stock valued at $65,356,000 after purchasing an additional 391,694 shares in the last quarter. Finally, CWM LLC increased its stake in Invesco S&P 500 Momentum ETF by 14.1% during the 4th quarter. CWM LLC now owns 2,992,182 shares of the company’s stock valued at $357,027,000 after purchasing an additional 369,627 shares in the last quarter.
Invesco S&P 500 Momentum ETF Trading Up 3.4%
Shares of Invesco S&P 500 Momentum ETF stock opened at $149.80 on Wednesday. Invesco S&P 500 Momentum ETF has a 12-month low of $103.88 and a 12-month high of $150.19. The firm has a market capitalization of $18.26 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. The firm’s 50 day simple moving average is $128.28 and its two-hundred day simple moving average is $122.39.
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.
Read More
- Five stocks we like better than Invesco S&P 500 Momentum ETF
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
Want to see what other hedge funds are holding SPMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report).
Receive News & Ratings for Invesco S&P 500 Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
