Chatterton & Associates Inc. Boosts Stock Position in Invesco S&P 500 Momentum ETF $SPMO

Chatterton & Associates Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 28.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,229 shares of the company’s stock after purchasing an additional 4,268 shares during the period. Invesco S&P 500 Momentum ETF comprises about 1.7% of Chatterton & Associates Inc.’s portfolio, making the stock its 24th biggest position. Chatterton & Associates Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $2,361,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SPMO. Capstone Wealth Management Group LLC raised its holdings in Invesco S&P 500 Momentum ETF by 129.4% in the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after acquiring an additional 65,515 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $18,900,000. Jane Street Group LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 346.5% in the 1st quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after purchasing an additional 31,344 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Invesco S&P 500 Momentum ETF by 43.9% in the 2nd quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock valued at $8,559,000 after purchasing an additional 23,223 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 11.7% in the 2nd quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock valued at $5,595,000 after purchasing an additional 5,209 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Invesco S&P 500 Momentum ETF stock opened at $153.79 on Thursday. The stock has a market cap of $18.75 billion, a PE ratio of 29.51 and a beta of 1.11. The stock’s fifty day moving average is $143.76 and its two-hundred day moving average is $127.50. Invesco S&P 500 Momentum ETF has a 1-year low of $107.24 and a 1-year high of $162.30.

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.