Invesco S&P 500 Momentum ETF $SPMO is Detalus Advisors LLC’s 10th Largest Position

Detalus Advisors LLC increased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 7.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 76,156 shares of the company’s stock after buying an additional 4,996 shares during the period. Invesco S&P 500 Momentum ETF comprises approximately 1.9% of Detalus Advisors LLC’s holdings, making the stock its 10th largest holding. Detalus Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $8,538,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Dunhill Financial LLC purchased a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $33,000. Elevated Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the 4th quarter worth approximately $33,000. Blue Trust Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF by 35.8% in the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after purchasing an additional 93 shares during the period. Dogwood Wealth Management LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the fourth quarter valued at approximately $44,000. Finally, MAI Capital Management bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $50,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO stock opened at $154.20 on Monday. The firm has a market cap of $18.80 billion, a price-to-earnings ratio of 29.51 and a beta of 1.11. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The company’s 50 day moving average is $144.97 and its 200 day moving average is $128.01.

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.