One Capital Management LLC cut its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 76.4% in the 4th quarter, HoldingsChannel reports. The fund owned 27,850 shares of the company’s stock after selling 90,046 shares during the quarter. One Capital Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $3,323,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Dunhill Financial LLC purchased a new stake 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 Invesco S&P 500 Momentum ETF during the 4th quarter valued at about $33,000. Dogwood Wealth Management LLC purchased a new stake in Invesco S&P 500 Momentum ETF during the 4th quarter valued at about $44,000. MAI Capital Management purchased a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $50,000. Finally, Capital Investment Advisory Services LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 90.5% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 421 shares of the company’s stock valued at $51,000 after acquiring an additional 200 shares during the period.
Invesco S&P 500 Momentum ETF Price Performance
Shares of SPMO stock opened at $154.32 on Wednesday. The stock has a market capitalization of $18.81 billion, a PE ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 1-year low of $105.30 and a 1-year high of $154.51. The business has a 50-day moving average of $131.00 and a 200 day moving average of $123.27.
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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Want to see what other hedge funds are holding SPMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report).
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