Invesco S&P 500 Momentum ETF $SPMO Shares Sold by Ewa LLC

Ewa LLC decreased its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,448 shares of the company’s stock after selling 580 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for approximately 2.1% of Ewa LLC’s holdings, making the stock its 13th largest position. Ewa LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $6,574,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Sowell Financial Services LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth approximately $202,000. Patriot Financial Group Insurance Agency LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 6.7% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 11,696 shares of the company’s stock worth $1,082,000 after acquiring an additional 733 shares in the last quarter. WJ Wealth Management LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 54.8% in the 1st quarter. WJ Wealth Management LLC now owns 88,679 shares of the company’s stock worth $8,205,000 after acquiring an additional 31,407 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Invesco S&P 500 Momentum ETF by 1.3% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 19,335 shares of the company’s stock worth $1,789,000 after acquiring an additional 257 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth approximately $1,190,000.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA:SPMO opened at $120.56 on Thursday. Invesco S&P 500 Momentum ETF has a 12-month low of $78.25 and a 12-month high of $122.30. The firm has a market capitalization of $11.46 billion, a P/E ratio of 29.51 and a beta of 0.89. The business has a 50 day simple moving average of $117.80 and a 200 day simple moving average of $106.94.

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.