Integrity Alliance LLC. purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 128,255 shares of the company’s stock, valued at approximately $19,441,000. Integrity Alliance LLC. owned 0.08% of Invesco S&P 500 Momentum ETF at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of SPMO. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at about $353,565,000. Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF by 9.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock worth $238,973,000 after purchasing an additional 128,087 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth approximately $119,358,000. Planning Alternatives Ltd. ADV boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 22.9% during the first quarter. Planning Alternatives Ltd. ADV now owns 744,409 shares of the company’s stock worth $83,456,000 after purchasing an additional 138,915 shares during the period. Finally, Alpine Bank Wealth Management boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 1.4% during the third quarter. Alpine Bank Wealth Management now owns 498,031 shares of the company’s stock worth $75,492,000 after purchasing an additional 7,043 shares during the period.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of SPMO opened at $133.16 on Wednesday. The company’s 50 day moving average price is $146.77 and its 200 day moving average price is $137.97. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The company has a market capitalization of $20.88 billion, a PE ratio of 29.51 and a beta of 1.12.
Invesco S&P 500 Momentum ETF 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.
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