Trinity Wealth Management LLC Purchases 280 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Trinity Wealth Management LLC increased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,593 shares of the company’s stock after acquiring an additional 280 shares during the period. Trinity Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $341,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SPMO. Renaissance Technologies LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the 2nd quarter worth approximately $1,740,000. Creative Planning acquired a new stake in Invesco S&P 500 Momentum ETF in the second quarter valued at $1,262,000. NewEdge Advisors LLC raised its position in Invesco S&P 500 Momentum ETF by 121.4% during the 2nd quarter. NewEdge Advisors LLC now owns 12,578 shares of the company’s stock worth $1,100,000 after purchasing an additional 6,897 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco S&P 500 Momentum ETF by 33.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,327 shares of the company’s stock worth $466,000 after buying an additional 1,327 shares during the period. Finally, Truist Financial Corp grew its position in shares of Invesco S&P 500 Momentum ETF by 17.0% in the 2nd quarter. Truist Financial Corp now owns 6,010 shares of the company’s stock valued at $526,000 after buying an additional 872 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO opened at $100.04 on Friday. The business has a 50-day moving average of $97.24 and a 200-day moving average of $92.33. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 1 year low of $69.19 and a 1 year high of $101.86.

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.