Integrity Investment Advisors LLC Grows Position in Invesco S&P 500 Momentum ETF $SPMO

Integrity Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 32.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 78,505 shares of the company’s stock after acquiring an additional 19,342 shares during the quarter. Invesco S&P 500 Momentum ETF comprises about 5.2% of Integrity Investment Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Integrity Investment Advisors LLC owned approximately 0.07% of Invesco S&P 500 Momentum ETF worth $9,367,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of SPMO. Capstone Wealth Management Group LLC increased its position in Invesco S&P 500 Momentum ETF by 129.4% during the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock worth $10,747,000 after acquiring an additional 65,515 shares during the period. Goldman Sachs Group Inc. bought a new position in Invesco S&P 500 Momentum ETF during the first quarter worth about $18,900,000. Jane Street Group LLC increased its position in Invesco S&P 500 Momentum ETF by 346.5% during the first quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock worth $3,737,000 after acquiring an additional 31,344 shares during the period. Invesco Ltd. increased its position in Invesco S&P 500 Momentum ETF by 43.9% during the second quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock worth $8,559,000 after acquiring an additional 23,223 shares during the period. Finally, NewEdge Advisors LLC increased its position in Invesco S&P 500 Momentum ETF by 11.7% during the second quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock worth $5,595,000 after acquiring an additional 5,209 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $152.48 on Friday. Invesco S&P 500 Momentum ETF has a 52 week low of $105.74 and a 52 week high of $155.74. The firm has a market cap of $18.59 billion, a price-to-earnings ratio of 29.51 and a beta of 1.11. The firm’s 50-day simple moving average is $137.69 and its 200 day simple moving average is $125.31.

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.