RCS Financial Planning LLC Makes New Investment in Invesco S&P 500 Momentum ETF $SPMO

RCS Financial Planning LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 5,203 shares of the company’s stock, valued at approximately $583,000.

A number of other hedge funds have also modified their holdings of the company. SG Americas Securities LLC increased its holdings in Invesco S&P 500 Momentum ETF by 8.0% in the 1st quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock worth $131,000 after buying an additional 87 shares during the period. Lantern Wealth Advisors LLC lifted its stake in 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 valued at $319,000 after acquiring an additional 88 shares during the period. Blue Trust Inc. lifted its stake in Invesco S&P 500 Momentum ETF by 35.8% during the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after acquiring an additional 93 shares during the period. Santori & Peters Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 2.9% in the 4th quarter. Santori & Peters Inc. now owns 3,495 shares of the company’s stock valued at $417,000 after acquiring an additional 100 shares during the last quarter. Finally, Fourth Dimension Wealth LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 20.0% in the fourth quarter. Fourth Dimension Wealth LLC now owns 600 shares of the company’s stock worth $72,000 after acquiring an additional 100 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $159.64 on Friday. The company has a market capitalization of $19.46 billion, a PE ratio of 29.51 and a beta of 1.11. The company has a fifty day moving average of $144.42 and a 200 day moving average of $127.77. Invesco S&P 500 Momentum ETF has a 1 year low of $107.24 and a 1 year high of $162.30.

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.