Invesco S&P 500 Momentum ETF $SPMO Shares Bought by Trademark Financial Management LLC

Trademark Financial Management LLC increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 69.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,045 shares of the company’s stock after acquiring an additional 24,273 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for approximately 3.9% of Trademark Financial Management LLC’s portfolio, making the stock its 6th largest position. Trademark Financial Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $7,045,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SPMO. Capstone Wealth Management Group LLC increased its stake 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 purchasing an additional 65,515 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth about $18,900,000. Jane Street Group LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 346.5% during the 1st quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock worth $3,737,000 after purchasing an additional 31,344 shares in the last quarter. Invesco Ltd. grew its stake 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 buying an additional 23,223 shares during the period. Finally, NewEdge Advisors LLC grew its stake 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 buying an additional 5,209 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $126.65 on Wednesday. The business has a 50-day simple moving average of $118.70 and a 200 day simple moving average of $119.34. Invesco S&P 500 Momentum ETF has a one year low of $86.88 and a one year high of $128.51. The firm has a market capitalization of $14.83 billion, a price-to-earnings ratio of 29.51 and a beta of 1.02.

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.