Quantinno Capital Management LP Cuts Stake in Invesco S&P 500 Momentum ETF $SPMO

Quantinno Capital Management LP lessened its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 33.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,982 shares of the company’s stock after selling 3,522 shares during the quarter. Quantinno Capital Management LP’s holdings in Invesco S&P 500 Momentum ETF were worth $783,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. SG Americas Securities LLC grew its holdings in Invesco S&P 500 Momentum ETF by 8.0% during the 1st quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock valued at $131,000 after buying an additional 87 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 35.8% in the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after buying an additional 93 shares in the last quarter. Fourth Dimension Wealth LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 20.0% during 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 last quarter. Peregrine Asset Advisers Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF by 3.1% during the first quarter. Peregrine Asset Advisers Inc. now owns 3,282 shares of the company’s stock worth $368,000 after acquiring an additional 100 shares during the last quarter. Finally, Triumph Capital Management grew its stake in Invesco S&P 500 Momentum ETF by 19.0% during 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 in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA SPMO opened at $155.16 on Tuesday. The company has a market cap of $22.72 billion, a P/E ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The firm’s fifty day moving average is $150.99 and its two-hundred day moving average is $135.58.

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.