Signet Private Wealth LLC Sells 4,539 Shares of Invesco S&P 500 Momentum ETF $SPMO

Signet Private Wealth LLC reduced its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 28.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,352 shares of the company’s stock after selling 4,539 shares during the period. Invesco S&P 500 Momentum ETF comprises 1.2% of Signet Private Wealth LLC’s portfolio, making the stock its 16th largest holding. Signet Private Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,273,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Capstone Wealth Management Group LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 129.4% during the 1st 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 during the period. Goldman Sachs Group Inc. purchased a new position in Invesco S&P 500 Momentum ETF during the first quarter valued at $18,900,000. Jane Street Group LLC lifted 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 valued at $3,737,000 after purchasing an additional 31,344 shares in the last quarter. Invesco Ltd. grew its holdings 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 valued at $8,559,000 after purchasing 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% in the second quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock worth $5,595,000 after buying an additional 5,209 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA SPMO traded down $5.19 during trading on Tuesday, hitting $147.79. The company had a trading volume of 1,138,087 shares, compared to its average volume of 1,914,222. Invesco S&P 500 Momentum ETF has a 12 month low of $107.24 and a 12 month high of $162.30. The firm has a market capitalization of $20.79 billion, a P/E ratio of 29.51 and a beta of 1.09. The stock has a 50 day simple moving average of $148.22 and a 200 day simple moving average of $129.48.

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.